Renault (EPA:RNO) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Renault SA (EPA:RNO)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of €43.94 ($46.25) and traded as low as €43.78 ($46.08). Renault shares last traded at €44.08 ($46.40), with a volume of 503,656 shares changing hands.

Renault Price Performance

The company has a 50-day simple moving average of €40.82 and a 200 day simple moving average of €43.90.

Renault Company Profile

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.