Rohm (OTCMKTS:ROHCY) Trading 9.2% Higher – Here’s What Happened

Rohm Co. (OTCMKTS:ROHCY) rose 9.2% during mid-day trading on Thursday . The company traded as high as $13.78 and last traded at $13.78. Approximately 426 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 12,080 shares. The stock had previously closed at $12.62.

Rohm Stock Down 1.2%

The firm has a market capitalization of $5.54 billion, a PE ratio of -16.13 and a beta of 1.13. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.48 and a quick ratio of 1.54. The company has a 50-day moving average price of $14.94 and a 200 day moving average price of $13.07.

Rohm (OTCMKTS:ROHCY) last announced its quarterly earnings results on Thursday, November 6th. The technology company reported $0.11 EPS for the quarter. Rohm had a negative return on equity of 2.52% and a negative net margin of 11.07%.The company had revenue of $868.25 million during the quarter.

Rohm Company Profile

ROHM Co, Ltd. manufactures and sells electronic components worldwide. The company operates through three segments: LSI, Semiconductor Devices, and Modules. It provides ICs comprising memory, amplifiers and linear, power management, motor/actuator drivers, resistors, clocks and timers, switches and multiplexers, logic, data converters, sensors and MEMS, display drivers, interfaces, wireless LSIs, audio and video products, speech synthesis LSI, and microcontrollers.