Renault (OTCMKTS:RNLSY – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $5.85, but opened at $6.1350. Renault shares last traded at $6.15, with a volume of 4,510 shares trading hands.
Analysts Set New Price Targets
Separately, Barclays cut Renault from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce”.
Get Our Latest Stock Report on RNLSY
Renault Stock Performance
The firm’s fifty day moving average price is $6.34 and its 200-day moving average price is $6.43.
Renault Company Profile
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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