Redeia Corporación, S.A. (OTCMKTS:RDEIY - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.05 and traded as low as $8.37. Redeia Corporación shares last traded at $8.49, with a volume of 47,452 shares trading hands.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on RDEIY shares. BNP Paribas upgraded Redeia Corporación from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd. Morgan Stanley downgraded shares of Redeia Corporación from an "equal weight" rating to an "underweight" rating in a report on Thursday, December 5th.
View Our Latest Stock Analysis on RDEIY
Redeia Corporación Stock Up 0.9 %
The business's fifty day moving average is $8.77 and its 200 day moving average is $9.04.
Redeia Corporación Cuts Dividend
The company also recently declared a dividend, which will be paid on Wednesday, January 22nd. Stockholders of record on Monday, January 6th will be given a dividend of $0.1053 per share. The ex-dividend date is Monday, January 6th.
About Redeia Corporación
(
Get Free Report)
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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