Renesas Electronics (OTCMKTS:RNECF) Stock Price Up 4% – Here’s What Happened

Renesas Electronics Co. (OTCMKTS:RNECFGet Free Report) shot up 4% during trading on Monday . The company traded as high as $14.71 and last traded at $13.51. 4,296 shares traded hands during trading, a decline of 84% from the average session volume of 26,470 shares. The stock had previously closed at $12.99.

Renesas Electronics Trading Up 4.0 %

The stock’s 50 day simple moving average is $13.13 and its 200 day simple moving average is $14.56.

Renesas Electronics Company Profile

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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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