Renesas Electronics Co. (OTCMKTS:RNECF – Get Free Report)’s share price was down 0.4% during trading on Tuesday . The company traded as low as $19.4990 and last traded at $20.4350. 2,121 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 23,739 shares. The stock had previously closed at $20.51.
Renesas Electronics Stock Performance
The firm’s 50-day simple moving average is $23.06 and its two-hundred day simple moving average is $22.23.
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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