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Renault (OTCMKTS:RNLSY) Sets New 52-Week Low - Time to Sell?

Renault logo with Auto/Tires/Trucks background

Key Points

  • Renault's stock has reached a new 52-week low of $7.64 amid a recent trading session, reflecting a decline of 3.2%.
  • Analysts have mixed opinions, with Deutsche Bank maintaining a "hold" rating, while HSBC has upgraded Renault to a "strong-buy" status.
  • The company recently announced a dividend cut, paying shareholders $0.3309 per share, which represents a yield of 3.11%.
  • Looking to export and analyze RENAULT data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Renault (OTCMKTS:RNLSY - Get Free Report) hit a new 52-week low on Wednesday . The company traded as low as $7.64 and last traded at $7.64, with a volume of 3570 shares changing hands. The stock had previously closed at $7.76.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on RNLSY. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Renault in a report on Friday, April 25th. Hsbc Global Res raised Renault to a "strong-buy" rating in a research note on Thursday, July 17th.

Read Our Latest Stock Analysis on Renault

Renault Trading Up 1.5%

The business has a 50-day moving average of $9.10 and a 200 day moving average of $9.91.

Renault Company Profile

(Get Free Report)

Renault SA engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas. It also engages in the design and production of parts and equipment used for manufacturing and operation vehicles. The company operates through Automotive, Sale Financing, and Mobility Services segments.

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