Renesas Electronics Co. (OTCMKTS:RNECF – Get Free Report)’s stock price rose 7.1% during mid-day trading on Tuesday. The company traded as high as $26.53 and last traded at $26.53. 9,706 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 21,745 shares. The stock had previously closed at $24.78.
Renesas Electronics Price Performance
The company has a 50 day simple moving average of $22.19 and a 200-day simple moving average of $22.82.
About Renesas Electronics
Renesas Electronics Corporation is a Japan-based semiconductor company that develops and supplies embedded semiconductor solutions for automotive, industrial, infrastructure, and consumer applications. Its products are designed to provide processing, control, sensing, connectivity, power management, and other functions within electronic systems.
The company’s portfolio includes microcontrollers and microprocessors, system-on-chip devices, analog and mixed-signal products, power semiconductors, interface and connectivity solutions, and memory-related products.
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