Renesas Electronics (RNECF) Expected to Announce Quarterly Earnings on Friday

Renesas Electronics (OTCMKTS:RNECF) is anticipated to post its resultson Friday, July 31st. Analysts expect Renesas Electronics to post earnings of $0.3532 per share and revenue of $2.4288 billion for the quarter.

Renesas Electronics Price Performance

Shares of RNECF stock opened at $25.12 on Friday. The stock’s fifty day simple moving average is $27.32 and its 200 day simple moving average is $20.89. Renesas Electronics has a one year low of $10.00 and a one year high of $31.85.

About Renesas Electronics

Renesas Electronics Corporation is a global semiconductor company headquartered in Tokyo, Japan, specializing in microcontrollers, microprocessors, analog and power devices. The company offers a diversified product portfolio that includes general-purpose and real-time MCUs, automotive system-on-chip (SoC) solutions, analog ICs, power management products, and connectivity devices. Its solutions are designed to meet the needs of applications ranging from automotive safety and electrification to industrial automation, Internet of Things (IoT) systems and communications infrastructure.

Established in April 2010 through the merger of NEC Electronics Corporation and Renesas Technology Corporation, Renesas has grown through both organic research and development and strategic acquisitions.