ROHM Co., Ltd. (OTCMKTS:ROHCY – Get Rating)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $33.81 and last traded at $34.71, with a volume of 5305 shares. The stock had previously closed at $34.63.
Separately, The Goldman Sachs Group upgraded shares of ROHM from a “buy” rating to a “conviction-buy” rating and raised their target price for the stock from $12,000.00 to $13,200.00 in a report on Thursday, January 6th.
The firm has a market cap of $7.14 billion, a P/E ratio of 11.66 and a beta of 0.90. The firm’s fifty day moving average is $37.13 and its two-hundred day moving average is $42.54. The company has a quick ratio of 5.55, a current ratio of 7.26 and a debt-to-equity ratio of 0.05.
About ROHM (OTCMKTS:ROHCY)
ROHM Co, Ltd. manufactures and sells electronic components worldwide. It operates through three segments: ICs, Discrete Semiconductor Devices, and Modules. The company provides ICs comprising memory, amplifiers and linear, power management, clocks and timers, switches and multiplexers, logic, data converters, sensors and MEMS, display drivers, motor/actuator drivers, interfaces, communication and speech synthesis LSI, audio and video, and microcontrollers.
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