Renesas Electronics Co. (OTCMKTS:RNECY – Get Free Report)’s share price dropped 1.5% on Wednesday . The company traded as low as $6.50 and last traded at $6.73. Approximately 414,861 shares traded hands during trading, a decline of 12% from the average daily volume of 471,756 shares. The stock had previously closed at $6.83.
Renesas Electronics Trading Down 1.5 %
The business has a fifty day simple moving average of $6.82 and a two-hundred day simple moving average of $8.05.
Renesas Electronics (OTCMKTS:RNECY – Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $0.11 earnings per share for the quarter. The company had revenue of $2.32 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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