Renesas Electronics (OTCMKTS:RNECF) Shares Down 4.2% – Should You Sell?

Shares of Renesas Electronics Co. (OTCMKTS:RNECF) fell 4.2% during mid-day trading on Monday . The company traded as low as $15.62 and last traded at $15.62. 540 shares were traded during mid-day trading, a decline of 96% from the average session volume of 14,736 shares. The stock had previously closed at $16.30.

Renesas Electronics Price Performance

The firm has a 50-day moving average of $14.70 and a 200 day moving average of $14.25.

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.