The Goldman Sachs Group Downgrades ROHM (OTCMKTS:ROHCY) to Hold

The Goldman Sachs Group lowered shares of ROHM (OTCMKTS:ROHCY) from a strong-buy rating to a hold rating in a report released on Monday morning,Zacks.com reports.

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

ROHM Trading Down 1.6 %

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 twelve month low of $8.79 and a twelve month high of $16.35.

ROHM (OTCMKTS:ROHCY) last released its quarterly earnings results on Monday, February 3rd. The technology company reported ($0.03) EPS 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.