Renesas Electronics (OTCMKTS:RNECY – Get Free Report) released its earnings results on Friday. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.07, Zacks reports.
Renesas Electronics Stock Performance
Shares of RNECY traded down $0.55 on Friday, reaching $10.22. 624,386 shares of the stock traded hands, compared to its average volume of 749,955. Renesas Electronics has a 12 month low of $5.50 and a 12 month high of $16.20. The stock’s 50-day moving average price is $13.67 and its 200-day moving average price is $10.55.
Renesas Electronics Company Profile
Renesas Electronics (OTCMKTS:RNECY) is a global semiconductor manufacturer specializing in microcontrollers, system-on-chip (SoC) devices, analog and power management solutions. The company’s products are designed to address a wide range of applications in automotive electronics, industrial automation, consumer devices, and communications infrastructure. Renesas leverages its expertise in embedded processing and mixed-signal technologies to deliver integrated solutions that help customers reduce development time and improve energy efficiency.
The company’s product portfolio includes 32-bit and 16-bit microcontrollers, application processors, analog and power discrete devices, and sensor interface ICs.
Featured Stories
- Five stocks we like better than Renesas Electronics
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Receive News & Ratings for Renesas Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renesas Electronics and related companies with MarketBeat.com's FREE daily email newsletter.
