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Rohm (OTCMKTS:ROHCY) Share Price Crosses Above 50 Day Moving Average - Time to Sell?

Rohm logo with Computer and Technology background

Key Points

  • Rohm Co.'s stock price has recently crossed above its 50-day moving average of $13.55, reaching a high of $14.14 in trading.
  • The company reported a negative net margin of 11.07% and a P/E ratio of -16.61 in its latest earnings release.
  • Rohm has a market capitalization of $5.70 billion and operates in three segments: LSI, Semiconductor Devices, and Modules.
  • MarketBeat previews top five stocks to own in October.

Rohm Co. (OTCMKTS:ROHCY - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $13.55 and traded as high as $14.14. Rohm shares last traded at $14.12, with a volume of 1,308 shares trading hands.

Rohm Stock Performance

The firm has a market capitalization of $5.70 billion, a P/E ratio of -16.61 and a beta of 1.02. The company has a current ratio of 2.48, a quick ratio of 1.54 and a debt-to-equity ratio of 0.34. The business's 50 day simple moving average is $13.55 and its two-hundred day simple moving average is $11.30.

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

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.

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