Rohm (OTCMKTS:ROHCY) Trading 7.9% Higher - Should You Buy?

Key Points

• Rohm shares jumped 7.9% intraday to $22.10 on Monday, but the move occurred on thin volume (436 shares vs. a 3,389 average), indicating low liquidity behind the spike.
• Analysts hold a consensus Hold rating (Zacks upgraded to Hold), and analysts forecast 0.24 EPS for the year despite a recent quarterly loss of ($0.04) per share.
• Key fundamentals: market cap $8.45 billion, negative P/E (-34.76) and net margin (-7.27%), while liquidity appears solid (current ratio 3.34, quick ratio 2.30).

Rohm Co. (OTCMKTS:ROHCY - Get Free Report)'s share price traded up 7.9% during mid-day trading on Monday . The stock traded as high as $22.10 and last traded at $22.10. 436 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 3,389 shares. The stock had previously closed at $20.49.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Rohm to a "hold" rating in a report on Wednesday, April 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Rohm has a consensus rating of "Hold".

Rohm Stock Down 2.7%

The business's fifty day moving average is $20.87 and its two-hundred day moving average is $17.05. The company has a market cap of $8.45 billion, a P/E ratio of -34.76 and a beta of 1.10. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.30 and a current ratio of 3.34.

Rohm (OTCMKTS:ROHCY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The technology company reported ($0.04) earnings per share for the quarter. Rohm had a negative net margin of 7.27% and a negative return on equity of 1.07%. The company had revenue of $813.36 million for the quarter. Equities analysts predict that Rohm Co. will post 0.24 EPS for the current year.

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.

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