Redeia Corporacion SA - Unsponsored ADR (OTCMKTS:RDEIY - Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $10.39 and traded as high as $10.77. Redeia Corporacion shares last traded at $10.68, with a volume of 33,002 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, BNP Paribas lowered Redeia Corporacion from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 6th.
View Our Latest Analysis on Redeia Corporacion
Redeia Corporacion Price Performance
The stock has a 50-day moving average of $10.39 and a 200 day moving average of $9.51.
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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