Shares of Renault SA (OTCMKTS:RNSDF – Get Free Report) fell 7.7% on Wednesday . The company traded as low as $28.65 and last traded at $28.65. Approximately 140 shares changed hands during trading, a decline of 57% from the average session volume of 329 shares. The stock had previously closed at $31.05.
Renault Stock Down 7.7%
The firm has a fifty day simple moving average of $30.05 and a 200 day simple moving average of $33.99.
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.
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