Renault (OTCMKTS:RNLSY) Sees Large Volume Increase – Should You Buy?

Renault (OTCMKTS:RNLSYGet Free Report) saw unusually-high trading volume on Friday . Approximately 50,241 shares changed hands during trading, an increase of 62% from the previous session’s volume of 30,974 shares.The stock last traded at $8.84 and had previously closed at $8.77.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Renault in a research note on Friday, April 25th.

Read Our Latest Analysis on Renault

Renault Stock Performance

The firm’s 50 day moving average is $10.28 and its 200-day moving average is $10.09.

Renault Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Thursday, May 8th were issued a $0.3309 dividend. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a yield of 3.11%.

Renault Company Profile

(Get Free Report)

Renault SA engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas. It also engages in the design and production of parts and equipment used for manufacturing and operation vehicles. The company operates through Automotive, Sale Financing, and Mobility Services segments.

Further Reading

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