Renault (OTCMKTS:RNLSY) Stock Bumped Down to Strong Sell by Zacks Research

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

Separately, Barclays downgraded Renault from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 21st. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Renault presently has a consensus rating of “Reduce”.

Renault Price Performance

Shares of RNLSY stock opened at $6.04 on Monday. The firm has a 50-day moving average price of $6.18 and a 200 day moving average price of $6.59. Renault has a twelve month low of $5.49 and a twelve month high of $8.79.

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.