Renault (OTCMKTS:RNLSY) Shares Gap Up – What’s Next?

Renault (OTCMKTS:RNLSY – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $5.74, but opened at $5.9050. Renault shares last traded at $5.90, with a volume of 11,463 shares trading hands.

Analyst Ratings Changes

Separately, Barclays cut Renault from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

View Our Latest Stock Report on RNLSY

Renault Stock Performance

The business has a 50 day moving average of $6.41 and a 200 day moving average of $6.46.

Renault Company Profile

(Get Free Report)

Renault is a France-based automotive company that designs, develops, manufactures and sells passenger cars, light commercial vehicles and related mobility services. Its portfolio includes Renault-branded vehicles, as well as Dacia’s value-oriented cars and utility vehicles and Alpine’s performance-oriented sports cars. The company also develops electric and connected vehicles and offers associated services through its Mobilize brand.

Founded in 1898 by Louis, Marcel and Fernand Renault, the company has grown into one of Europe’s major automakers.

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