Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY – Get Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $8.75 and traded as low as $8.6190. Redeia Corporacion shares last traded at $8.68, with a volume of 155,766 shares trading hands.
Redeia Corporacion Stock Performance
The stock’s fifty day moving average is $8.74 and its two-hundred day moving average is $8.67. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.23 and a quick ratio of 1.17.
Redeia Corporacion Company Profile
Redeia Corporación, SA is a Spanish infrastructure group focused on the operation, management and development of essential electricity and telecommunications networks. Through its principal subsidiary, Red Eléctrica, the company acts as Spain’s electricity transmission system operator and is responsible for managing and maintaining the country’s high-voltage transmission grid, supporting the reliability and integration of renewable energy into the power system.
The group also develops telecommunications infrastructure.
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