Rexel S.A. (OTCMKTS:RXEEY – Get Free Report) shares saw unusually-high trading volume on Monday . 27,487 shares were traded during mid-day trading, an increase of 71% from the previous session’s volume of 16,101 shares.The stock last traded at $42.1313 and had previously closed at $41.74.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on RXEEY. Zacks Research raised Rexel to a “hold” rating in a report on Tuesday, June 9th. Morgan Stanley reissued an “overweight” rating on shares of Rexel in a report on Monday, June 29th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.
View Our Latest Research Report on RXEEY
Rexel Trading Up 1.3%
Rexel Company Profile
Rexel is a global distributor specializing in electrical supplies and services for residential, commercial and industrial markets. The company’s product portfolio includes wiring, lighting, automation and control systems, energy management solutions, safety equipment and renewable energy products. Rexel supports its customers with technical expertise, digital tools and value-added services such as inventory management, project management and on-site support.
Headquartered in Paris, France, Rexel operates in more than 25 countries across Europe, North America, Asia-Pacific and Latin America.
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