Rohm (OTCMKTS:ROHCY) Sets New 1-Year High - Time to Buy?

Key Points

• Rohm's shares hit a new 52-week high, trading as high as $21.6750 and last at $21.19 (prior close $17.43) on volume of 37,502 shares, with the 50-day/200-day moving averages at $16.33/$15.07 signaling a recent uptrend.
• Despite the rally, Rohm reported negative EPS of ($0.04) and a negative net margin of 7.27% (P/E -33.49), though it shows solid liquidity (current ratio 3.34, quick ratio 2.30) and modest leverage (debt/equity 0.32).
• Rohm is a Kyoto-based Japanese semiconductor manufacturer serving automotive, industrial, computing, communications and consumer electronics markets, with quarterly revenue of $813.36 million.

Rohm Co. (OTCMKTS:ROHCY - Get Free Report)'s share price hit a new 52-week high on Friday . The stock traded as high as $21.6750 and last traded at $21.19, with a volume of 37502 shares. The stock had previously closed at $17.43.

Rohm Stock Performance

The stock has a market cap of $8.52 billion, a price-to-earnings ratio of -33.49 and a beta of 1.14. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.34 and a quick ratio of 2.30. The firm has a fifty day moving average of $16.33 and a 200 day moving average of $15.07.

Rohm (OTCMKTS:ROHCY - Get Free Report) last issued its earnings results on Wednesday, February 4th. The technology company reported ($0.04) earnings per share (EPS) for the quarter. Rohm had a negative return on equity of 1.07% and a negative net margin of 7.27%.The company had revenue of $813.36 million during the quarter.

Rohm Company Profile

Rohm Co, Ltd., trading in the U.S. as OTCMKTS:ROHCY, is a Japanese semiconductor manufacturer headquartered in Kyoto, Japan. Established in 1958, the company specializes in the design, development and manufacture of a wide range of electronic components. Its product portfolio encompasses analog and mixed-signal integrated circuits, power management devices, discrete semiconductors, optoelectronics and a variety of passive components including chip resistors and capacitors.

Rohm's semiconductor offerings serve applications across automotive, industrial, computing, communications and consumer electronics markets.

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