ROHM (OTCMKTS:ROHCY) Sets New 52-Week Low – What’s Next?

ROHM Co., Ltd. (OTCMKTS:ROHCY) reached a new 52-week low during trading on Friday . The company traded as low as $7.89 and last traded at $7.89, with a volume of 16432 shares. The stock had previously closed at $8.81.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Macquarie upgraded shares of ROHM from a “strong sell” rating to a “hold” rating in a research report on Monday, March 17th. The Goldman Sachs Group downgraded shares of ROHM from a “strong-buy” rating to a “hold” rating in a report on Monday.

ROHM Stock Performance

The firm has a 50 day moving average of $10.09 and a 200-day moving average of $10.13. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.79 and a current ratio of 2.73.

ROHM (OTCMKTS:ROHCY) last issued its earnings results on Monday, February 3rd. The technology company reported ($0.03) earnings per share for 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.