Rohm (OTCMKTS:ROHCY) Shares Cross Above 50 Day Moving Average - Should You 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)'s share price crossed 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 business's fifty day moving average price is $13.10 and its two-hundred day moving average price is $10.99. The company has a current ratio of 2.56, a quick ratio of 1.63 and a debt-to-equity ratio of 0.34.

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

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.