Rohm (OTCMKTS:ROHCY) Shares Gap Up – Still a Buy?

Rohm Co. (OTCMKTS:ROHCY)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $16.40, but opened at $17.8825. Rohm shares last traded at $17.7550, with a volume of 452 shares changing hands.

Rohm Stock Performance

The firm has a market capitalization of $7.25 billion, a P/E ratio of -28.49 and a beta of 1.14. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.34 and a quick ratio of 2.11. The firm has a 50-day moving average price of $15.81 and a two-hundred day moving average price of $14.89.

Rohm (OTCMKTS:ROHCY) last posted its quarterly 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 company had revenue of $813.36 million during the quarter.

Rohm Company Profile

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.