Redeia Corporación, S.A. (OTCMKTS:RDEIY - Get Free Report) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $10.27 and traded as high as $10.54. Redeia Corporación shares last traded at $10.54, with a volume of 26,138 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, BNP Paribas cut Redeia Corporación from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 6th.
Read Our Latest Stock Report on RDEIY
Redeia Corporación Trading Up 0.3%
The stock has a fifty day moving average price of $10.32 and a 200-day moving average price of $9.28.
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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