Renesas Electronics Co. (OTCMKTS:RNECF – Get Free Report)’s stock price was up 2.1% on Friday . The company traded as high as $24.50 and last traded at $24.50. Approximately 6,291 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 28,012 shares. The stock had previously closed at $24.00.
Renesas Electronics Price Performance
The firm’s fifty day moving average price is $26.29 and its 200 day moving average price is $21.75.
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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