Renault (OTCMKTS:RNLSY – Get Free Report) was downgraded by analysts at Barclays from a “strong-buy” rating to a “hold” rating in a report issued on Friday,Zacks.com reports.
Renault Stock Performance
Shares of RNLSY stock opened at $6.65 on Friday. The stock has a fifty day simple moving average of $6.18 and a two-hundred day simple moving average of $6.65. Renault has a 52-week low of $5.60 and a 52-week high of $8.79.
Renault Company Profile
Renault SA is a French multinational automobile manufacturer founded in 1899 by Louis, Marcel and Fernand Renault. Headquartered in Boulogne-Billancourt, France, the company designs, produces and distributes a wide range of passenger cars, light commercial vehicles and electric vehicles under the Renault, Dacia and Alpine brands. Renault also develops powertrains, including combustion engines and electric motors, and provides related services such as financing, leasing and fleet management.
Throughout its history, Renault has been at the forefront of automotive innovation, introducing mass-produced vehicles in the early 20th century and pioneering mass-market electric cars in the 2010s.
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