Free Trial

Renault (OTCMKTS:RNLSY) Sees Large Volume Increase - Should You Buy?

Renault logo with Auto/Tires/Trucks background

Shares of Renault (OTCMKTS:RNLSY - Get Free Report) saw unusually-high trading volume on Friday . Approximately 50,241 shares changed hands during mid-day trading, an increase of 62% from the previous session's volume of 30,974 shares.The stock last traded at $8.84 and had previously closed at $8.77.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Renault in a report on Friday, April 25th.

Get Our Latest Analysis on Renault

Renault Stock Performance

The business's 50-day moving average is $10.28 and its 200-day moving average is $10.08.

Renault Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Thursday, May 8th were issued a dividend of $0.3309 per share. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a dividend yield of 3.11%.

About Renault

(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.

Further Reading

Should You Invest $1,000 in Renault Right Now?

Before you consider Renault, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Renault wasn't on the list.

While Renault currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Congress Bought This Stock at the Bottom—Will You Miss It?
The Drone Industry Is About to 10X—Here’s How to Profit
Why AMD Stock Beats NVIDIA Right Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines