Renesas Electronics (OTCMKTS:RNECY) Issues Quarterly Earnings Results

Renesas Electronics (OTCMKTS:RNECY) announced its quarterly earnings results on Wednesday. The company reported $0.12 EPS for the quarter, Zacks reports.

Renesas Electronics Stock Up 12.5 %

Shares of RNECY stock opened at $7.66 on Friday. The stock’s fifty day simple moving average is $6.58 and its 200 day simple moving average is $7.10. Renesas Electronics has a one year low of $6.00 and a one year high of $10.68.

Renesas Electronics Company Profile

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.