Shares of Renault (OTCMKTS:RNLSY – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 247,184 shares were traded during trading, an increase of 96% from the previous session’s volume of 126,257 shares.The stock last traded at $6.27 and had previously closed at $6.13.
Analysts Set New Price Targets
Separately, Zacks Research downgraded shares of Renault from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce”.
View Our Latest Stock Analysis on Renault
Renault Trading Up 4.0%
Renault Company Profile
Renault SA is a French multinational automobile manufacturer founded in 1899 by Louis, Marcel and Fernand Renault. Headquartered in Boulogne-Billancourt, France, the company designs, produces and distributes a wide range of passenger cars, light commercial vehicles and electric vehicles under the Renault, Dacia and Alpine brands. Renault also develops powertrains, including combustion engines and electric motors, and provides related services such as financing, leasing and fleet management.
Throughout its history, Renault has been at the forefront of automotive innovation, introducing mass-produced vehicles in the early 20th century and pioneering mass-market electric cars in the 2010s.
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