Renault SA (#RNO) Stock Price, Live Chart & Analysis | Trade #RNO
Renault SA is one of the largest and oldest car manufacturers in Europe. The company was founded in 1899 by brothers Louis, Marcel and Fernand Renault. It is headquartered in Boulogne-Billancourt, France, and owns such brands as Renault, Alpine, Lada, Dacia and Mobilize. Thanks to its successful expansion, Renault operates in more than 30 countries.
The Renault SA stock is included in various European indices, such as STOXX 600, CAC 40, Euronext 100 and others. The RNO stock price is subject to media coverage of the company. News regarding the latest vehicles (for example, electric cars), new partnerships or major acquisitions will have a positive impact on the RNO stock rate. On the other hand, controversies (for example, Renault being charged with deception over diesel emissions probe in 2021) may lead to a decrease in the RNO price.
It is important to take into account the state of the global economy. Financial crises may lead to a decrease in car sales, which would affect the revenues of Renault SA and, ultimately, the RNO price. It is also important to consider the political factor. For example, after the imposition of sanctions against the Russian Federation, Renault car sales fell significantly and the RNO rate decreased.
Competition in the automotive industry is very high, and Renault SA has many serious competitors. BMW, Volkswagen, Stellantis, Mercedes-Benz Grouphave considerable weight in the market share and are successfully developing and expanding their businesses. Their successes may negatively affect the RNO stock price.
Risk warning: Trading in FX and CFDs entails high risk of losing capital.
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SellBuyActive SellActive Buy
| Sell | 42.87 |
| Buy | 42.89 |
| Sentiment | 100% ▾ |
| 1-day change | -0.88(-2.01%) |
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Price chart of #RNO in real time mode
Available in trading accounts:
- ECN
- CLASSIC
Prev. Close43.17
Day's Range42.8600 - 43.5000
Opening43.22
52 wk Range31.32-54.54
Volume672,488
Shares Outstanding268,486,764
Average Volume938,347
Market Cap11.53B
1-Year Return22.71%
EPS5.15
Beta1.73
Revenue52.49B
P/E Ratio8.34
Dividends1.85(4.31%)
Next Earnings Date2024-10-24
Spread0
Swap Long-6
Contract size1
Swap Short2.5
Stop&Limit Level0
Interesting facts about the #RNO (Renault SA)
Renault SA’s key operating segments are automotive, AVTOVAZ, sales financing, and mobility services.
According to analytical data, the company generates positive value in societal infrastructure, taxes, and jobs categories. Manned gasoline passenger cars, diesel light commercial vehicles, and car leasing contribute the most to the societal infrastructure segment. However, the company’s activity may cause a negative impact on GHG emissions, physical diseases, and non-GHG emissions categories. Renault SA should improve its influence on these categories to increase customer loyalty.
The company stopped paying dividends to its shareholders in 2019. However, the stock price is low, which may attract investors. At the same time, the price is highly volatile. Thus, CFD trading may be a more promising investing approach.
As for the company’s emission cases, Renault SA has faced lawsuits. Most of them were related to its impact on the environment and faults in its products. Usually, court cases last for at least a year. This harms the company’s stability, including finance and customer loyalty. When dealing with RNO shares, you should always check whether the company is going through a conflict or lawsuit to be sure nothing will affect its performance.
According to recent earnings reports, the company’s earnings and revenue growth have been unstable over the years. The earnings data was even negative. This doesn’t mean that the company will go bankrupt. However, traders should always check financial reports to be sure the company is performing well. Any interruption will lead to a decline in the stock price.
Another important feature of large corporations is that they acquire other companies and spin-off some to focus on their primary business or solve issues related to legal, political, or economic events. For instance, Renault SA plans to split the company into two entities. It’s expected that the New Mobility company will be separated from the legacy assets. New Mobility covers electric vehicles and assets from the Mobilize car-sharing unit. Its IPO is expected in 2023. This will definitely affect the company’s shares.
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