Redeia Corporacion SA - Unsponsored ADR (OTCMKTS:RDEIY - Get Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $10.34 and traded as low as $10.10. Redeia Corporacion shares last traded at $10.13, with a volume of 31,470 shares.
Analysts Set New Price Targets
Separately, BNP Paribas lowered shares of Redeia Corporacion from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 6th.
Read Our Latest Report on RDEIY
Redeia Corporacion Trading Up 1.0%
The business has a 50-day moving average price of $10.34 and a two-hundred day moving average price of $9.64.
Redeia Corporacion Increases Dividend
The company also recently announced a dividend, which will be paid on Wednesday, July 23rd. Shareholders of record on Tuesday, July 8th will be given a $0.2115 dividend. This is a boost from Redeia Corporacion's previous dividend of $0.11. The ex-dividend date of this dividend is Monday, July 7th. This represents a yield of 2.57%.
Redeia Corporacion 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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