Rohm (OTCMKTS:ROHCY) Sets New 1-Year High – Time to Buy?

Rohm Co. (OTCMKTS:ROHCY) reached a new 52-week high during trading on Friday . The company traded as high as $21.6750 and last traded at $21.19, with a volume of 37502 shares changing hands. The stock had previously closed at $17.43.

Rohm Trading Up 21.1%

The business’s 50-day simple moving average is $16.33 and its two-hundred day simple moving average is $15.07. The firm has a market capitalization of $8.52 billion, a price-to-earnings ratio of -33.49 and a beta of 1.14. The company has a quick ratio of 2.30, a current ratio of 3.34 and a debt-to-equity ratio of 0.32.

Rohm (OTCMKTS:ROHCY) last posted its quarterly earnings data on Wednesday, February 4th. The technology company reported ($0.04) earnings per share for the quarter. Rohm had a negative return on equity of 1.07% and a negative net margin of 7.27%.The company had revenue of $813.36 million for the quarter.

Rohm Company Profile

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.