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ROHM (OTCMKTS:ROHCY) Shares Cross Below 200-Day Moving Average - Here's What Happened

ROHM logo with Computer and Technology background

Shares of ROHM Co., Ltd. (OTCMKTS:ROHCY - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.17 and traded as low as $10.11. ROHM shares last traded at $10.13, with a volume of 5,115 shares trading hands.

Wall Street Analyst Weigh In

Separately, Macquarie raised shares of ROHM from a "strong sell" rating to a "hold" rating in a research note on Monday, March 17th.

Get Our Latest Report on ROHCY

ROHM Trading Down 3.5 %

The firm's fifty day moving average price is $10.11 and its 200-day moving average price is $10.15. The company has a current ratio of 2.73, a quick ratio of 1.79 and a debt-to-equity ratio of 0.32.

ROHM (OTCMKTS:ROHCY - Get Free Report) last issued its quarterly earnings data on Monday, February 3rd. The technology company reported ($0.03) earnings per share (EPS) for the quarter.

About ROHM

(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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