Renesas Electronics Corp (OTCMKTS:RNECY) rose 1.1% during mid-day trading on Wednesday . The stock traded as high as $3.21 and last traded at $3.21, approximately 9,161 shares were traded during mid-day trading. A decline of 47% from the average daily volume of 17,419 shares. The stock had previously closed at $3.17.
The company has a 50 day moving average of $3.29 and a 200-day moving average of $2.90.
Renesas Electronics (OTCMKTS:RNECY) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.01 EPS for the quarter. The business had revenue of $1.71 billion for the quarter.
Renesas Electronics Corporation, together with its subsidiaries, researches, develops, designs, manufactures, sells, and services semiconductors in Japan, North America, Europe, and Asia. The company offers microcontrollers and microprocessors, amplifiers and buffers, analog devices, audio and video products, automotive products, data converters, interfaces, memory products, and optoelectronics, as well as peripherals; ICs for communication and power devices, factory automation, and motor/actuator drivers; and embedded system platforms.
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