Renault (OTCMKTS:RNLSY – Get Free Report) gapped up before the market opened on Wednesday. The stock had previously closed at $5.74, but opened at $5.9050. Renault shares last traded at $5.90, with a volume of 11,463 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Barclays lowered shares of Renault from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.
Read Our Latest Research Report on RNLSY
Renault Stock Up 3.5%
Renault Company Profile
Renault is a France-based automotive company that designs, develops, manufactures and sells passenger cars, light commercial vehicles and related mobility services. Its portfolio includes Renault-branded vehicles, as well as Dacia’s value-oriented cars and utility vehicles and Alpine’s performance-oriented sports cars. The company also develops electric and connected vehicles and offers associated services through its Mobilize brand.
Founded in 1898 by Louis, Marcel and Fernand Renault, the company has grown into one of Europe’s major automakers.
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