Shares of Renault (OTCMKTS:RNLSY – Get Free Report) gapped up before the market opened 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 changing hands.
Analyst Upgrades and Downgrades
Separately, Barclays lowered Renault from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. One analyst has rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.
Check Out Our Latest Stock Analysis on Renault
Renault Price Performance
The business’s fifty day moving average is $6.34 and its two-hundred day moving average is $6.43.
About Renault
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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