Rexel S.A. (OTCMKTS:RXEEY – Get Free Report)’s share price gapped down prior to trading on Tuesday. The stock had previously closed at $37.07, but opened at $35.58. Rexel shares last traded at $35.8035, with a volume of 1,945 shares trading hands.
Analyst Ratings Changes
Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Rexel in a report on Tuesday, October 6th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Rexel currently has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on RXEEY
Rexel Price Performance
The company has a 50 day moving average price of $40.85 and a 200 day moving average price of $42.22.
About Rexel
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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