Rohm (OTCMKTS:ROHCY) Sees Strong Trading Volume – Here’s Why

Rohm Co. (OTCMKTS:ROHCYGet Free Report) shares saw strong trading volume on Wednesday . 8,660 shares changed hands during mid-day trading, an increase of 135% from the previous session’s volume of 3,678 shares.The stock last traded at $22.51 and had previously closed at $21.80.

Rohm Stock Performance

The company has a market cap of $8.69 billion, a price-to-earnings ratio of -35.73 and a beta of 1.10. The company has a current ratio of 3.34, a quick ratio of 2.30 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $18.87 and its 200 day simple moving average is $16.13.

Rohm (OTCMKTS:ROHCYGet Free Report) last released its quarterly earnings data on Wednesday, February 4th. The technology company reported ($0.04) EPS for the quarter. The business had revenue of $813.36 million during the quarter. Rohm had a negative net margin of 7.27% and a negative return on equity of 1.07%.

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.

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