Redeia Corporación (OTCMKTS:RDEIY - Get Free Report) was downgraded by analysts at BNP Paribas from a "strong-buy" rating to a "hold" rating in a research note issued on Tuesday, May 6th,Zacks.com reports.
Redeia Corporación Price Performance
Shares of RDEIY stock traded up $0.16 during mid-day trading on Tuesday, reaching $9.85. The stock had a trading volume of 112,181 shares, compared to its average volume of 55,395. The firm's 50 day simple moving average is $10.12 and its 200 day simple moving average is $9.15. Redeia Corporación has a one year low of $8.03 and a one year high of $11.50.
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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