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

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

Wall Street Analyst Weigh In

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

Renault Stock Down 0.9%

The company has a 50 day simple moving average of $10.31 and a 200-day simple moving average of $10.07.

Renault Cuts Dividend

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

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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