Redeia Corporación, S.A. (OTCMKTS:RDEIY - Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $9.02 and traded as low as $8.30. Redeia Corporación shares last traded at $8.42, with a volume of 107,030 shares changing hands.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on RDEIY. BNP Paribas upgraded Redeia Corporación from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 2nd. Morgan Stanley cut shares of Redeia Corporación from an "equal weight" rating to an "underweight" rating in a report on Thursday, December 5th.
Read Our Latest Research Report on RDEIY
Redeia Corporación Stock Performance
The business's 50 day simple moving average is $8.71 and its two-hundred day simple moving average is $9.02.
Redeia Corporación Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, January 22nd. Investors of record on Monday, January 6th will be given a dividend of $0.1053 per share. The ex-dividend date is Monday, January 6th.
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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