Renault (OTCMKTS:RNLSY – Get Free Report)’s share price gapped up before the market opened on Thursday. The stock had previously closed at $5.85, but opened at $6.24. Renault shares last traded at $6.22, with a volume of 7,855 shares.
Wall Street Analysts Forecast Growth
Separately, Barclays downgraded shares of Renault from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 21st. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce”.
View Our Latest Report on RNLSY
Renault Stock Performance
The company has a 50-day moving average of $6.21 and a 200-day moving average of $6.60.
About Renault
Renault is a French automotive company that designs, manufactures and sells passenger cars, light commercial vehicles and related mobility services. Its principal brands include Renault, Dacia and Alpine, while the company also develops electric vehicles and software-enabled automotive technologies through its Ampere business.
Founded in 1898 by Louis, Marcel and Fernand Renault, the company has played a significant role in the development of France’s automobile industry. Renault has produced vehicles ranging from mass-market passenger cars and commercial vans to performance-oriented Alpine models.
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