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Renault (OTCMKTS:RNLSY) Sees Strong Trading Volume - Still a Buy?

Renault logo with Auto/Tires/Trucks background

Shares of Renault (OTCMKTS:RNLSY - Get Free Report) saw strong trading volume on Tuesday . 128,966 shares traded hands during mid-day trading, an increase of 303% from the previous session's volume of 32,002 shares.The stock last traded at $9.03 and had previously closed at $9.48.

Analyst Upgrades and Downgrades

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

View Our Latest Report on Renault

Renault Stock Down 13.1%

The firm's fifty day moving average is $9.87 and its 200 day moving average is $10.06.

Renault Cuts Dividend

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

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.

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