Rohm (OTCMKTS:ROHCY) Stock Passes Below Fifty Day Moving Average – Time to Sell?

by · The Cerbat Gem

Rohm Co. (OTCMKTS:ROHCY – Get Free Report)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $14.26 and traded as low as $13.23. Rohm shares last traded at $13.51, with a volume of 1,196 shares traded.

Rohm Price Performance

The company has a current ratio of 3.10, a quick ratio of 2.11 and a debt-to-equity ratio of 0.33. The stock has a 50-day moving average price of $14.24 and a 200 day moving average price of $13.76. The stock has a market capitalization of $5.46 billion, a price-to-earnings ratio of -18.79 and a beta of 1.18.

Rohm (OTCMKTS:ROHCY – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The technology company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $868.25 million for the quarter. Rohm had a negative return on equity of 0.96% and a negative net margin of 8.78%.

About Rohm

(Get Free Report)

Rohm Co, Ltd., trading in the U.S. as OTCMKTS:ROHCY, is a Japanese semiconductor manufacturer headquartered in Kyoto, Japan. Established in 1958, the company specializes in the design, development and manufacture of a wide range of electronic components. Its product portfolio encompasses analog and mixed-signal integrated circuits, power management devices, discrete semiconductors, optoelectronics and a variety of passive components including chip resistors and capacitors.

Rohm’s semiconductor offerings serve applications across automotive, industrial, computing, communications and consumer electronics markets.

Featured Articles