Renesas Electronics Co. (OTCMKTS:RNECY – Get Free Report) shares rose 2.7% during mid-day trading on Friday . The company traded as high as $8.57 and last traded at $8.52. Approximately 259,584 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 382,286 shares. The stock had previously closed at $8.30.
Renesas Electronics Stock Up 2.7 %
The stock has a fifty day moving average price of $8.95 and a 200-day moving average price of $8.76.
Renesas Electronics (OTCMKTS:RNECY – Get Free Report) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $2.30 billion during the quarter.
About Renesas Electronics
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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