Redeia Corporación, S.A. (OTCMKTS:RDEIY - Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $10.36 and traded as low as $10.13. Redeia Corporación shares last traded at $10.17, with a volume of 50,635 shares trading hands.
Analysts Set New Price Targets
Separately, BNP Paribas cut shares of Redeia Corporación from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 6th.
Get Our Latest Report on Redeia Corporación
Redeia Corporación Stock Down 0.8%
The stock's fifty day simple moving average is $10.36 and its 200-day simple moving average is $9.33.
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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