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

ROHM logo with Computer and Technology background

ROHM Co., Ltd. (OTCMKTS:ROHCY - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $9.68 and traded as high as $11.53. ROHM shares last traded at $11.53, with a volume of 1,247 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on ROHCY shares. Macquarie raised shares of ROHM from a "strong sell" rating to a "hold" rating in a research report on Monday, March 17th. The Goldman Sachs Group lowered shares of ROHM from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 31st.

Get Our Latest Research Report on ROHM

ROHM Stock Performance

The firm has a market cap of $4.66 billion, a PE ratio of -13.56 and a beta of 0.95. The company has a quick ratio of 1.79, a current ratio of 2.73 and a debt-to-equity ratio of 0.32. The company has a 50-day simple moving average of $9.68 and a two-hundred day simple moving average of $9.66.

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

ROHM Company Profile

(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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