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

Renault logo with Auto/Tires/Trucks background

Renault (OTCMKTS:RNLSY - Get Free Report) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $7.76 and last traded at $7.78, with a volume of 21669 shares changing hands. The stock had previously closed at $9.04.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Renault in a research note on Friday, April 25th.

Read Our Latest Stock Analysis on RNLSY

Renault Stock Performance

The company's 50 day moving average price is $9.87 and its 200 day moving average price is $10.06.

Renault Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Thursday, May 8th were paid a dividend of $0.3309 per share. The ex-dividend date 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.

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