Renault (OTCMKTS:RNLSY) Shares Down 0.6% - Should You Sell?

Key Points

• Renault's shares declined by 0.6% during trading, closing at $8.08 after reaching a low of $8.02.
• Analyst ratings for Renault reflect mixed sentiments, with one firm upgrading to "strong-buy" while another downgraded to a "strong sell."
• The stock has a consensus rating of "Hold", with its 50-day moving average at $7.77 and 200-day moving average at $9.22.

Renault (OTCMKTS:RNLSY - Get Free Report)'s share price fell 0.6% during trading on Friday . The stock traded as low as $8.02 and last traded at $8.08. 36,036 shares traded hands during mid-day trading, an increase of 4% from the average session volume of 34,487 shares. The stock had previously closed at $8.13.

Analyst Ratings Changes

A number of research firms have issued reports on RNLSY. Hsbc Global Res raised Renault to a "strong-buy" rating in a research report on Thursday, July 17th. Zacks Research lowered Renault from a "hold" rating to a "strong sell" rating in a research note on Monday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold".

Renault Stock Down 0.6%

The firm has a 50 day moving average price of $7.77 and a 200 day moving average price of $9.22.

About Renault

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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