Redeia Corporación, S.A. (OTCMKTS:RDEIY - Get Free Report)'s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $8.65 and traded as high as $9.60. Redeia Corporación shares last traded at $9.58, with a volume of 15,022 shares.
Wall Street Analyst Weigh In
RDEIY has been the subject of a number of analyst reports. BNP Paribas upgraded Redeia Corporación from a "hold" rating to a "strong-buy" rating in a report on Monday, December 2nd. Morgan Stanley lowered Redeia Corporación from an "equal weight" rating to an "underweight" rating in a report on Thursday, December 5th.
Check Out Our Latest Analysis on RDEIY
Redeia Corporación Trading Up 0.6 %
The business has a 50-day moving average price of $8.67 and a 200-day moving average price of $8.91.
Redeia Corporación Company Profile
(
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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