Renesas Electronics Co. (OTCMKTS:RNECY – Get Free Report) was up 5.5% during mid-day trading on Wednesday . The stock traded as high as $9.93 and last traded at $9.92. Approximately 265,549 shares traded hands during trading, a decline of 23% from the average daily volume of 346,511 shares. The stock had previously closed at $9.40.
Renesas Electronics Stock Performance
The firm’s 50-day simple moving average is $9.06 and its 200 day simple moving average is $8.72.
Renesas Electronics (OTCMKTS:RNECY – Get Free Report) last issued its earnings results on Wednesday, April 24th. The company reported $0.15 EPS for the quarter. The business had revenue of $2.37 billion for the quarter.
Renesas Electronics Company Profile
Renesas Electronics Corporation researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally. The company operates through Automotive Business and Industrial/Infrastructure/IoT Business segments. It offers microcontrollers (MCUs) and microprocessors; amplifiers, audio and video, data converters, power line communication, and switches and multiplexer products; and specific clocks, clock distribution and generation, jitter attenuators with frequency translation, and crystal oscillator, and VersaClock programmable clocks.
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