Renesas Electronics (OTCMKTS:RNECF) Shares Down 1.2% – Time to Sell?

Shares of Renesas Electronics Co. (OTCMKTS:RNECFGet Free Report) were down 1.2% during trading on Monday . The stock traded as low as $12.78 and last traded at $12.89. Approximately 19,099 shares changed hands during mid-day trading, an increase of 89% from the average daily volume of 10,114 shares. The stock had previously closed at $13.05.

Renesas Electronics Stock Performance

The business has a 50 day moving average of $14.04 and a 200 day moving average of $16.36.

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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