Renault (OTCMKTS:RNLSY) Rating Lowered to “Strong Sell” at Zacks Research

Renault (OTCMKTS:RNLSY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday, Zacks reports.

Separately, Barclays lowered shares of Renault from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. One analyst has rated the stock with a Buy rating, three have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce”.

Renault Stock Down 1.6%

RNLSY opened at $6.04 on Monday. Renault has a fifty-two week low of $5.49 and a fifty-two week high of $8.79. The company has a fifty day moving average of $6.18 and a two-hundred day moving average of $6.59.

About Renault

Renault is a French automotive company that designs, manufactures and sells passenger cars, light commercial vehicles and related mobility services. Its principal brands include Renault, Dacia and Alpine, while the company also develops electric vehicles and software-enabled automotive technologies through its Ampere business.

Founded in 1898 by Louis, Marcel and Fernand Renault, the company has played a significant role in the development of France’s automobile industry. Renault has produced vehicles ranging from mass-market passenger cars and commercial vans to performance-oriented Alpine models.