Renesas Electronics (OTCMKTS:RNECY) Trading Down 0.9% – Here’s What Happened

by · The Cerbat Gem

Renesas Electronics Co. (OTCMKTS:RNECY – Get Free Report)’s share price traded down 0.9% on Wednesday . The stock traded as low as $6.49 and last traded at $6.54. 380,859 shares traded hands during trading, a decline of 47% from the average session volume of 723,842 shares. The stock had previously closed at $6.60.

Renesas Electronics Stock Up 1.1%

The company’s 50 day simple moving average is $6.22 and its 200 day simple moving average is $6.18.

Renesas Electronics Company Profile

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Renesas Electronics (OTCMKTS:RNECY) is a global semiconductor manufacturer specializing in microcontrollers, system-on-chip (SoC) devices, analog and power management solutions. The company’s products are designed to address a wide range of applications in automotive electronics, industrial automation, consumer devices, and communications infrastructure. Renesas leverages its expertise in embedded processing and mixed-signal technologies to deliver integrated solutions that help customers reduce development time and improve energy efficiency.

The company’s product portfolio includes 32-bit and 16-bit microcontrollers, application processors, analog and power discrete devices, and sensor interface ICs.

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