Renesas Electronics (RNECY) Expected to Release Earnings on Thursday

by · The Markets Daily

Renesas Electronics (OTCMKTS:RNECY – Get Free Report) will likely be posting its results after the market closes on Thursday, October 29th. Analysts expect the company to post earnings of $0.2166 per share and revenue of $2.76 billion for the quarter.

Renesas Electronics Trading Up 5.4%

RNECY stock opened at $9.45 on Wednesday. The company has a 50 day simple moving average of $10.56 and a 200 day simple moving average of $10.58. Renesas Electronics has a 1 year low of $5.51 and a 1 year high of $16.20.

Renesas Electronics Company Profile

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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 help control, connect, sense, and power electronic systems used in vehicles, factories, appliances, communications equipment, and other devices.

The company’s portfolio includes microcontrollers, microprocessors, system-on-chip products, analog and mixed-signal semiconductors, power-management devices, connectivity solutions, and system solutions.

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