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

Key Points

• Rohm Co.'s stock price crossed above its 50-day moving average of $12.98, trading at a high of $14.42 with a volume of 628 shares.
• The company has a market capitalization of $5.82 billion and reported a negative net margin of 11.07% in its recent earnings data.
• Rohm operates in three segments: LSI, Semiconductor Devices, and Modules, providing a wide range of electronic components globally.

Rohm Co. (OTCMKTS:ROHCY - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $12.98 and traded as high as $14.42. Rohm shares last traded at $14.42, with a volume of 628 shares changing hands.

Rohm Stock Up 3.6%

The firm has a market cap of $6.01 billion, a P/E ratio of -17.52 and a beta of 1.00. The company has a quick ratio of 1.63, a current ratio of 2.56 and a debt-to-equity ratio of 0.34. The business has a fifty day moving average of $13.17 and a 200 day moving average of $11.02.

Rohm (OTCMKTS:ROHCY - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The technology company reported $0.05 EPS for the quarter. The company had revenue of $804.37 million for the quarter. Rohm had a negative return on equity of 2.51% and a negative net margin of 11.07%.

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.