Rohm (OTCMKTS:ROHCY) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Shares of Rohm Co. (OTCMKTS:ROHCYGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $14.71 and traded as high as $15.63. Rohm shares last traded at $15.47, with a volume of 5,895 shares.

Rohm Price Performance

The firm’s fifty day simple moving average is $14.71 and its 200 day simple moving average is $12.31. The firm has a market cap of $6.24 billion, a P/E ratio of -18.19 and a beta of 1.11. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.54 and a current ratio of 2.48.

Rohm (OTCMKTS:ROHCYGet Free Report) last released its quarterly earnings data on Monday, August 4th. The technology company reported $0.05 EPS for the quarter. Rohm had a negative net margin of 11.07% and a negative return on equity of 2.52%. The business had revenue of $804.37 million during the quarter.

Rohm Company Profile

(Get Free Report)

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.

Further Reading

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