Renesas Electronics (OTCMKTS:RNECF) Trading Up 4.4% – Still a Buy?

Renesas Electronics Co. (OTCMKTS:RNECFGet Free Report) shares shot up 4.4% during trading on Tuesday . The company traded as high as $13.44 and last traded at $13.41. 289,327 shares changed hands during mid-day trading, an increase of 2,445% from the average session volume of 11,370 shares. The stock had previously closed at $12.84.

Renesas Electronics Trading Up 4.4 %

The firm has a 50-day moving average of $13.64 and a two-hundred day moving average of $15.99.

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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