Renesas Electronics Co. (OTCMKTS:RNECF – Get Free Report)’s share price traded up 4.5% during mid-day trading on Monday . The stock traded as high as $29.46 and last traded at $29.46. 1,144 shares traded hands during trading, a decline of 96% from the average session volume of 30,357 shares. The stock had previously closed at $28.1873.
Renesas Electronics Price Performance
The business’s 50 day simple moving average is $23.67 and its 200 day simple moving average is $18.65.
Renesas Electronics Company Profile
Renesas Electronics Corporation is a global semiconductor company headquartered in Tokyo, Japan, specializing in microcontrollers, microprocessors, analog and power devices. The company offers a diversified product portfolio that includes general-purpose and real-time MCUs, automotive system-on-chip (SoC) solutions, analog ICs, power management products, and connectivity devices. Its solutions are designed to meet the needs of applications ranging from automotive safety and electrification to industrial automation, Internet of Things (IoT) systems and communications infrastructure.
Established in April 2010 through the merger of NEC Electronics Corporation and Renesas Technology Corporation, Renesas has grown through both organic research and development and strategic acquisitions.
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