Redeia Corporación, S.A. (OTCMKTS:RDEIY - Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-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.
Analysts Set New Price Targets
Several equities research analysts have recently commented on the stock. Morgan Stanley downgraded shares of Redeia Corporación from an "equal weight" rating to an "underweight" rating in a research note on Thursday, December 5th. BNP Paribas upgraded shares of Redeia Corporación from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 2nd.
Check Out Our Latest Analysis on Redeia Corporación
Redeia Corporación Stock Performance
The stock has a fifty day simple moving average of $8.71 and a 200-day simple moving average of $9.02.
Redeia Corporación Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, January 22nd. Stockholders of record on Monday, January 6th will be given a $0.1053 dividend. The ex-dividend date of this dividend is Monday, January 6th.
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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