Renault (OTCMKTS:RNSDF) Stock Price Passes Below Fifty Day Moving Average of $62.71

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Renault SA (OTCMKTS:RNSDF)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $62.71 and traded as low as $59.86. Renault shares last traded at $59.86, with a volume of 618 shares.

Separately, Royal Bank of Canada began coverage on shares of Renault in a research note on Tuesday, June 4th. They set a “top pick” rating on the stock.

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Renault Company Profile (OTCMKTS:RNSDF)

Renault SA designs, manufactures, sells, and distributes vehicles. The company operates through Automotive, Sales Financing, and AVTOVAZ segments. It offers passenger and light commercial, and electric vehicles primarily under the Renault, Dacia, Renault Samsung Motors, Alpine, and LADA, as well as under the Nissan, Datsun, and Infiniti brands.

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