Redeia Corporacion SA - Unsponsored ADR (OTCMKTS:RDEIY - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.62 and traded as low as $9.43. Redeia Corporacion shares last traded at $9.46, with a volume of 74,337 shares changing hands.
Analyst Upgrades and Downgrades
RDEIY has been the subject of a number of analyst reports. Citigroup upgraded shares of Redeia Corporacion to a "strong-buy" rating in a report on Wednesday, July 23rd. Kepler Capital Markets cut shares of Redeia Corporacion from a "strong-buy" rating to a "hold" rating in a report on Friday, August 1st. Sanford C. Bernstein cut shares of Redeia Corporacion from a "strong-buy" rating to a "hold" rating in a report on Monday, September 22nd. Finally, Jefferies Financial Group cut shares of Redeia Corporacion from a "strong-buy" rating to a "hold" rating in a report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Redeia Corporacion has an average rating of "Hold".
Get Our Latest Analysis on RDEIY
Redeia Corporacion Trading Down 1.1%
The business's 50-day moving average is $9.62 and its two-hundred day moving average is $10.07.
About Redeia Corporacion
(
Get Free Report)
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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