Renesas Electronics (OTCMKTS:RNECY) Shares Up 5.5%

Renesas Electronics Co. (OTCMKTS:RNECY) was up 5.5% on Wednesday . The company traded as high as $9.93 and last traded at $9.92. Approximately 265,549 shares traded hands during trading, a decline of 23% from the average daily volume of 346,511 shares. The stock had previously closed at $9.40.

Renesas Electronics Stock Up 1.8 %

The firm has a 50 day moving average price of $9.10 and a two-hundred day moving average price of $8.73.

Renesas Electronics (OTCMKTS:RNECY) last announced its quarterly earnings results on Wednesday, April 24th. The company reported $0.15 earnings per share for the quarter. The company had revenue of $2.37 billion during 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.