Renault SA (OTCMKTS:RNSDF – Get Free Report)’s stock price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $33.26 and traded as low as $32.50. Renault shares last traded at $32.50, with a volume of 0 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley downgraded Renault from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.
Get Our Latest Stock Report on Renault
Renault Stock Performance
About Renault
Renault SA is a France-based multinational automobile manufacturer with a history dating back to its founding in 1899 by Louis, Marcel and Fernand Renault. Headquartered in Boulogne-Billancourt, near Paris, the company designs, manufactures and sells a wide range of passenger cars and light commercial vehicles. Renault is also known for its electric vehicle (EV) offerings—such as the ZOE, Kangoo Z.E. and Twizy—as well as its internal combustion-engine models including the Clio, Captur, Mégane and Arkana.
In addition to its core vehicle manufacturing operations, Renault provides financing, leasing and insurance services through its wholly owned subsidiary RCI Banque et Services.
See Also
- Five stocks we like better than Renault
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
- MercadoLibre Boldly Invests in Growth: Discount Deepens
Receive News & Ratings for Renault Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renault and related companies with MarketBeat.com's FREE daily email newsletter.
