Redeia Corporación, S.A. (OTCMKTS:RDEIY - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.94 and traded as low as $8.44. Redeia Corporación shares last traded at $8.44, with a volume of 72,143 shares trading hands.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on RDEIY. BNP Paribas raised shares of Redeia Corporación from a "hold" rating to a "strong-buy" rating in a report on Monday, December 2nd. Morgan Stanley downgraded Redeia Corporación from an "equal weight" rating to an "underweight" rating in a research report on Thursday, December 5th.
Read Our Latest Research Report on Redeia Corporación
Redeia Corporación Price Performance
The company has a 50 day simple moving average of $8.48 and a 200-day simple moving average of $8.93.
Redeia Corporación Cuts Dividend
The firm also recently declared a dividend, which was paid on Wednesday, January 22nd. Shareholders of record on Monday, January 6th were given a dividend of $0.1053 per share. The ex-dividend date was Monday, January 6th.
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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