Zacks Investment Research Lowers Renault (OTCMKTS:RNLSY) to Sell

Zacks Investment Research lowered shares of Renault (OTCMKTS:RNLSY) from a hold rating to a sell rating in a research note released on Friday, November 24th.

According to Zacks, “Renault SA designs, manufactures, markets and repairs vehicles. It primarily offers passenger cars and light commercial vehicles; electric vehicles; sports vehicles and power train components. The company’s brand name consists of Renault, Dacia and Renault Samsung Motors. Renault SA is headquartered in Boulogne-Billancourt, France. “

Renault (RNLSY) traded down $0.03 during midday trading on Friday, reaching $19.81. The company’s stock had a trading volume of 12,692 shares, compared to its average volume of 8,448. Renault has a fifty-two week low of $16.48 and a fifty-two week high of $21.03.

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About Renault

Renault SA produces, sells, and distributes vehicles worldwide. It operates through Automotive and Sales Financing segments. The company primarily offers passenger and light commercial vehicles under the Renault, Dacia, and Renault Samsung Motors brands. It also offers used vehicles and spare parts; and various services, including sales financing, rental, maintenance, and service contracts.

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