Shares of Rexel S.A. (OTCMKTS:RXEEY – Get Free Report) saw strong trading volume on Monday. 44,828 shares were traded during trading, an increase of 154% from the previous session’s volume of 17,656 shares. The stock last traded at $37.77 and had previously closed at $36.50.
Analyst Ratings Changes
Separately, Morgan Stanley reiterated an “overweight” rating on shares of Rexel in a report on Tuesday, October 6th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.
View Our Latest Analysis on RXEEY
Rexel Trading Up 3.6%
The stock’s fifty day moving average price is $40.62 and its 200-day moving average price is $42.18.
Rexel Company Profile
Rexel is a France-based distributor of electrical products and related solutions for residential, commercial and industrial customers. The company supplies equipment used in electrical installations, including wiring and cabling, circuit protection, lighting, automation and control systems, tools, safety products, and heating, ventilation and air-conditioning equipment.
Rexel serves electrical contractors, industrial businesses, construction companies, utilities and other professional customers through branch networks, sales teams and digital commerce platforms.
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