REC Silicon ASA (RNWEF) Projected to Post Earnings on Thursday

REC Silicon ASA (OTCMKTS:RNWEF) is anticipated to announce its earnings results before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $405.76 million for the quarter.

REC Silicon ASA Stock Up 4.6 %

Shares of OTCMKTS RNWEF opened at $0.13 on Tuesday. The stock has a fifty day moving average price of $0.26 and a two-hundred day moving average price of $0.55. REC Silicon ASA has a 1 year low of $0.11 and a 1 year high of $1.13.

REC Silicon ASA Company Profile

REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. It offers various Signature Silane gas, a pure form of silicon that produces product for fuel industries comprising specialty gases, including Dichlorosilane, Monochlorosilane, and Disilane for use in the manufacturing processes of flat panel displays, semiconductors, and solar cells; solar grade polysilicon, including NextSi used for multi crystalline and monocrystalline solar ingot and wafer production in the manufacturing of solar modules; and electronic grade polysilicon consisting of float zone-based devices are used in motor control and power conversion processes for hybrid and electric vehicles, wind energy, and high voltage transmission, 5G communications, high-speed trains, internet of things, and big data, as well as Czochralski for manufacturing of semiconductor wafers used in memory processors, optics, and micro electromechanical systems.