Rohm (OTCMKTS:ROHCY) Sees Strong Trading Volume – What’s Next?

Rohm Co. (OTCMKTS:ROHCY) shares saw strong trading volume on Monday . 3,702 shares traded hands during mid-day trading, an increase of 290% from the previous session’s volume of 950 shares.The stock last traded at $15.65 and had previously closed at $14.95.

Rohm Stock Performance

The company has a market cap of $6.33 billion, a PE ratio of -21.76 and a beta of 1.13. The stock’s 50 day simple moving average is $13.88 and its two-hundred day simple moving average is $14.05. The company has a quick ratio of 2.11, a current ratio of 3.10 and a debt-to-equity ratio of 0.33.

Rohm (OTCMKTS:ROHCY) last announced its quarterly earnings data 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 during the quarter. Rohm had a negative net margin of 8.78% and a negative return on equity of 0.96%.

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.