Renault (OTCMKTS:RNLSY) Shares Down 0.9% - Time to Sell?

Renault (OTCMKTS:RNLSY - Get Free Report) dropped 0.9% on Wednesday . The stock traded as low as $8.77 and last traded at $8.77. Approximately 79,575 shares traded hands during trading, an increase of 218% from the average daily volume of 25,003 shares. The stock had previously closed at $8.85.

Analyst Upgrades and Downgrades

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

Renault Stock Performance

The firm has a 50-day simple moving average of $10.28 and a 200 day simple moving average of $10.08.

Renault Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Thursday, May 8th were given a dividend of $0.3309 per share. This represents a 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.