Rohm (OTCMKTS:ROHCY) Stock Price Passes Above 50-Day Moving Average - Should You Sell?

Key Points

• Shares of Rohm Co. (OTCMKTS:ROHCY) have surpassed their 50-day moving average of $13.95, reaching a trading high of $14.95.
• The company reported a negative return on equity of -2.52% and a quarterly revenue of $804.37 million, with earnings of $0.05 per share.
• Rohm operates in the electronic components sector, manufacturing products through three segments: LSI, Semiconductor Devices, and Modules.

Shares of Rohm Co. (OTCMKTS:ROHCY - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $13.95 and traded as high as $14.95. Rohm shares last traded at $14.94, with a volume of 9,046 shares traded.

Rohm Stock Performance

The firm has a 50 day moving average of $13.95 and a two-hundred day moving average of $11.64. The stock has a market cap of $6.03 billion, a PE ratio of -17.58 and a beta of 1.02. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.48 and a quick ratio of 1.54.

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

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.

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