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ROHM (OTCMKTS:ROHCY) Share Price Crosses Above Fifty Day Moving Average - What's Next?

ROHM logo with Computer and Technology background

ROHM Co., Ltd. (OTCMKTS:ROHCY - Get Free Report)'s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $9.31 and traded as high as $11.43. ROHM shares last traded at $11.36, with a volume of 22,566 shares changing hands.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ROHCY shares. Macquarie upgraded ROHM from a "strong sell" rating to a "hold" rating in a research report on Monday, March 17th. The Goldman Sachs Group downgraded shares of ROHM from a "strong-buy" rating to a "hold" rating in a report on Monday, March 31st.

Read Our Latest Stock Analysis on ROHCY

ROHM Price Performance

The company has a debt-to-equity ratio of 0.32, a current ratio of 2.73 and a quick ratio of 1.79. The company has a market cap of $4.52 billion, a PE ratio of -13.16 and a beta of 0.95. The stock has a fifty day moving average price of $9.38 and a 200-day moving average price of $9.59.

ROHM (OTCMKTS:ROHCY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The technology company reported ($0.30) earnings per share for the quarter. The firm had revenue of $680.98 million during the quarter.

About ROHM

(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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