Redeia Corporación, S.A. (OTCMKTS:RDEIY - Get Free Report)'s stock price reached a new 52-week high on Thursday . The company traded as high as $9.82 and last traded at $9.81, with a volume of 20533 shares changing hands. The stock had previously closed at $9.69.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on RDEIY. BNP Paribas raised shares of Redeia Corporación from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd. Morgan Stanley lowered Redeia Corporación from an "equal weight" rating to an "underweight" rating in a research note on Thursday, December 5th.
Read Our Latest Stock Analysis on Redeia Corporación
Redeia Corporación Stock Up 2.2 %
The business has a 50 day simple moving average of $8.94 and a 200-day simple moving average of $8.92.
About Redeia Corporación
(
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Redeia Corporación, SA engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic).
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