Renault (OTCMKTS:RNLSY) Trading Down 2.9% - Time to Sell?

Renault SA (OTCMKTS:RNLSY - Get Free Report) traded down 2.9% on Wednesday . The company traded as low as $10.30 and last traded at $10.34. 32,483 shares were traded during mid-day trading, an increase of 7% from the average session volume of 30,499 shares. The stock had previously closed at $10.65.

Analyst Ratings Changes

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

Renault Trading Down 1.2%

The company's 50 day simple moving average is $10.37 and its 200-day simple moving average is $9.99.

Renault Cuts Dividend

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

Renault Company Profile

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.