Renesas Electronics (OTCMKTS:RNECF) Trading Up 0.8% – Here’s What Happened

Shares of Renesas Electronics Co. (OTCMKTS:RNECFGet Free Report) shot up 0.8% during mid-day trading on Wednesday . The company traded as high as $12.65 and last traded at $12.65. 4,400 shares were traded during mid-day trading, a decline of 62% from the average session volume of 11,698 shares. The stock had previously closed at $12.5550.

Renesas Electronics Price Performance

The firm has a 50-day moving average of $12.17 and a 200 day moving average of $12.38.

Renesas Electronics Company Profile

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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.

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