Redeia Corporacion SA - Unsponsored ADR (OTCMKTS:RDEIY - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $10.39 and traded as high as $10.55. Redeia Corporacion shares last traded at $10.55, with a volume of 47,516 shares changing hands.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on RDEIY. BNP Paribas lowered Redeia Corporacion from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Citigroup upgraded Redeia Corporacion to a "strong-buy" rating in a research report on Wednesday.
View Our Latest Report on RDEIY
Redeia Corporacion Stock Performance
The business has a 50-day moving average price of $10.40 and a 200 day moving average price of $9.75.
Redeia Corporacion Increases Dividend
The firm also recently announced a dividend, which was paid on Wednesday, July 23rd. Stockholders of record on Tuesday, July 8th were issued a $0.2115 dividend. The ex-dividend date was Monday, July 7th. This represents a dividend yield of 2.57%. This is a positive change from Redeia Corporacion's previous dividend of $0.11.
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).
Featured Articles
Before you consider Redeia Corporacion, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Redeia Corporacion wasn't on the list.
While Redeia Corporacion currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access