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Redeia Corporación (OTCMKTS:RDEIY) Share Price Passes Above Fifty Day Moving Average - Time to Sell?

Redeia Corporación logo with Utilities background

Redeia Corporación, S.A. (OTCMKTS:RDEIY - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $9.63 and traded as high as $11.23. Redeia Corporación shares last traded at $10.94, with a volume of 8,435 shares.

Redeia Corporación Stock Performance

The business has a fifty day moving average of $9.81 and a 200-day moving average of $9.07.

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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