Redeia Corporación, S.A. (OTCMKTS:RDEIY – Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $10.36 and traded as low as $10.13. Redeia Corporación shares last traded at $10.17, with a volume of 50,635 shares trading hands.
Analysts Set New Price Targets
Separately, BNP Paribas cut shares of Redeia Corporación from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 6th.
Get Our Latest Report on Redeia Corporación
Redeia Corporación Stock Down 0.8%
About Redeia Corporación
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 Stories
- Five stocks we like better than Redeia Corporación
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- A Large Oil Supply Draw Could Mean Upside in These 3 Energy Names
- Following Congress Stock Trades
- 3 Stocks Getting Rare Double Upgrades From Analysts
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- This Banking Giant Just Got a $90 Price Target Upgrade
Receive News & Ratings for Redeia Corporación Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Redeia Corporación and related companies with MarketBeat.com's FREE daily email newsletter.
