Redeia Corporación, S.A. (OTCMKTS:RDEIY - Get Free Report) shares reached a new 52-week high during trading on Friday . The company traded as high as $9.81 and last traded at $9.63, with a volume of 53902 shares traded. The stock had previously closed at $9.57.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on RDEIY shares. Morgan Stanley downgraded Redeia Corporación from an "equal weight" rating to an "underweight" rating in a research note on Thursday, December 5th. BNP Paribas raised Redeia Corporación from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd.
Get Our Latest Stock Report on RDEIY
Redeia Corporación Stock Performance
The company has a 50-day simple moving average of $8.77 and a two-hundred day simple moving average of $8.91.
Redeia Corporación Company Profile
(
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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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