Renault (OTCMKTS:RNSDF) Stock Price Down 1.6% – What’s Next?

by · The Cerbat Gem

Renault SA (OTCMKTS:RNSDFGet Free Report) shares dropped 1.6% on Thursday . The company traded as low as $41.10 and last traded at $41.10. Approximately 100 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 559 shares. The stock had previously closed at $41.75.

Renault Trading Down 1.6%

The firm has a fifty day moving average of $41.10 and a 200-day moving average of $39.91.

About Renault

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Renault SA is a France-based multinational automobile manufacturer with a history dating back to its founding in 1899 by Louis, Marcel and Fernand Renault. Headquartered in Boulogne-Billancourt, near Paris, the company designs, manufactures and sells a wide range of passenger cars and light commercial vehicles. Renault is also known for its electric vehicle (EV) offerings—such as the ZOE, Kangoo Z.E. and Twizy—as well as its internal combustion-engine models including the Clio, Captur, Mégane and Arkana.

In addition to its core vehicle manufacturing operations, Renault provides financing, leasing and insurance services through its wholly owned subsidiary RCI Banque et Services.

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