Rohm Co. (OTCMKTS:ROHCY – Get Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $29.75, but opened at $33.08. Rohm shares last traded at $33.08, with a volume of 207 shares changing hands.
Analysts Set New Price Targets
A number of research analysts recently commented on ROHCY shares. Zacks Research raised Rohm to a “hold” rating in a research note on Wednesday, April 8th. The Goldman Sachs Group raised Rohm to a “buy” rating in a report on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Report on Rohm
Rohm Trading Up 11.2%
Rohm (OTCMKTS:ROHCY – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The technology company reported $0.40 EPS for the quarter. The business had revenue of $711.55 million during the quarter, compared to the consensus estimate of $704.12 million. Rohm had a negative net margin of 31.42% and a positive return on equity of 3.39%. On average, analysts anticipate that Rohm Co. will post 0.64 EPS for the current fiscal year.
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.
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