Renault (OTCMKTS:RNSDF) Trading Down 1.5%

Renault SA (OTCMKTS:RNSDF) dropped 1.5% on Monday . The company traded as low as $52.36 and last traded at $52.36, approximately 6,291 shares were traded during mid-day trading. An increase of 287% from the average daily volume of 1,626 shares. The stock had previously closed at $53.15.

Separately, Goldman Sachs Group began coverage on shares of Renault in a research note on Tuesday, July 16th. They set a “neutral” rating for the company. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy”.

The stock’s 50 day moving average price is $55.81 and its 200 day moving average price is $59.45.

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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