Rohm (OTCMKTS:ROHCY) Sets New 52-Week High – Should You Buy?

Rohm Co. (OTCMKTS:ROHCY)’s share price hit a new 52-week high on Friday . The company traded as high as $34.30 and last traded at $34.30, with a volume of 3143 shares. The stock had previously closed at $34.30.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Rohm to a “hold” rating in a research note on Wednesday, April 8th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Rohm Trading Down 6.7%

The stock has a market capitalization of $12.36 billion, a price-to-earnings ratio of -12.12 and a beta of 1.30. The company’s 50 day moving average is $24.89 and its 200 day moving average is $19.17. 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) last released its earnings results on Tuesday, May 12th. The technology company reported $0.40 EPS for the quarter. The firm had revenue of $711.55 million during the quarter, compared to analysts’ expectations of $704.12 million. Rohm had a negative net margin of 31.42% and a positive return on equity of 3.39%. On average, research analysts forecast that Rohm Co. will post 0.64 EPS for the current fiscal 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.