Renesas Electronics (OTCMKTS:RNECF) Stock Price Down 4.2% – Here’s Why

Renesas Electronics Co. (OTCMKTS:RNECFGet Free Report) shares were down 4.2% on Monday . The stock traded as low as $15.62 and last traded at $15.62. Approximately 540 shares were traded during trading, a decline of 96% from the average daily volume of 14,736 shares. The stock had previously closed at $16.30.

Renesas Electronics Stock Performance

The firm’s 50 day moving average price is $14.76 and its two-hundred day moving average price is $14.23.

About Renesas Electronics

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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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