ROHM (OTCMKTS:ROHCY) Cut to “Hold” at The Goldman Sachs Group

ROHM (OTCMKTS:ROHCY) was downgraded by stock analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, Macquarie raised ROHM from a “strong sell” rating to a “hold” rating in a report on Monday, March 17th.

ROHM Stock Performance

Shares of OTCMKTS ROHCY opened at $9.39 on Monday. The company has a quick ratio of 1.79, a current ratio of 2.73 and a debt-to-equity ratio of 0.32. The firm’s 50 day simple moving average is $10.11 and its 200-day simple moving average is $10.14. ROHM has a 12 month low of $8.79 and a 12 month high of $16.35.

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

About ROHM

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.