Redeia Corporacion SA - Unsponsored ADR (OTCMKTS:RDEIY - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $10.77, but opened at $10.32. Redeia Corporacion shares last traded at $10.32, with a volume of 3,081 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, BNP Paribas downgraded shares of Redeia Corporacion from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 6th.
Read Our Latest Stock Report on Redeia Corporacion
Redeia Corporacion Stock Down 1.6%
The stock's fifty day simple moving average is $10.34 and its 200-day simple moving average is $9.62.
Redeia Corporacion Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, July 23rd. Investors of record on Tuesday, July 8th will be paid a $0.2115 dividend. This is an increase from Redeia Corporacion's previous dividend of $0.11. The ex-dividend date is Monday, July 7th. This represents a yield of 2.57%.
About Redeia Corporacion
(
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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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