Renesas Electronics (OTCMKTS:RNECY) Trading Up 3% – Still a Buy?

Renesas Electronics Co. (OTCMKTS:RNECYGet Free Report)’s stock price was up 3% during mid-day trading on Wednesday . The stock traded as high as $5.92 and last traded at $5.92. Approximately 650,074 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 740,804 shares. The stock had previously closed at $5.75.

Renesas Electronics Trading Up 3.0%

The firm has a fifty day simple moving average of $6.03 and a 200 day simple moving average of $6.14.

Renesas Electronics Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Renesas Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renesas Electronics and related companies with MarketBeat.com's FREE daily email newsletter.