Rohm (OTCMKTS:ROHCY) Upgraded at Zacks Research

Zacks Research upgraded shares of Rohm (OTCMKTS:ROHCY) to a hold rating in a report issued on Wednesday morning,Zacks.com reports.

Rohm Stock Performance

ROHCY opened at $22.51 on Wednesday. The business’s 50 day moving average is $19.14 and its 200-day moving average is $16.27. The stock has a market cap of $8.69 billion, a PE ratio of -35.73 and a beta of 1.10. The company has a current ratio of 3.34, a quick ratio of 2.30 and a debt-to-equity ratio of 0.32. Rohm has a twelve month low of $7.49 and a twelve month high of $23.11.

Rohm (OTCMKTS:ROHCY) last announced its earnings results on Wednesday, February 4th. The technology company reported ($0.04) EPS for the quarter. Rohm had a negative return on equity of 1.07% and a negative net margin of 7.27%.The firm had revenue of $813.36 million for the quarter.

About Rohm

Rohm Co, Ltd., trading in the U.S. as OTCMKTS:ROHCY, is a Japanese semiconductor manufacturer headquartered in Kyoto, Japan. Established in 1958, the company specializes in the design, development and manufacture of a wide range of electronic components. Its product portfolio encompasses analog and mixed-signal integrated circuits, power management devices, discrete semiconductors, optoelectronics and a variety of passive components including chip resistors and capacitors.

Rohm’s semiconductor offerings serve applications across automotive, industrial, computing, communications and consumer electronics markets.