Rohm (OTCMKTS:ROHCY) Shares Cross Above 50 Day Moving Average - Here's What Happened

Key Points

• Rohm's stock crossed above its fifty day moving average of $12.16, currently trading at $12.72 with a volume of 345 shares.
• The company reported a negative earnings per share (EPS) of ($0.30) for the quarter, alongside a revenue of $680.98 million.
• Rohm has a market capitalization of $5.14 billion and financial ratios indicating a debt-to-equity ratio of 0.34 and a P/E ratio of -14.96.

Shares of Rohm Co. (OTCMKTS:ROHCY - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $12.16 and traded as high as $12.72. Rohm shares last traded at $12.72, with a volume of 345 shares trading hands.

Rohm Trading Down 1.2%

The firm has a market capitalization of $5.44 billion, a PE ratio of -15.85 and a beta of 1.00. The firm has a fifty day moving average of $12.31 and a 200 day moving average of $10.55. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.63 and a current ratio of 2.56.

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

Rohm Company Profile

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.