Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $8.66 and traded as high as $8.76. Redeia Corporacion shares last traded at $8.73, with a volume of 50,431 shares trading hands.
Redeia Corporacion Stock Down 1.1%
The company has a debt-to-equity ratio of 0.89, a current ratio of 1.18 and a quick ratio of 1.12. The stock has a 50 day moving average of $8.45 and a 200-day moving average of $8.66.
About Redeia Corporacion
Redeia Corporación, formerly known as Red Eléctrica Corporación, is a Spanish infrastructure group focused on the operation and management of essential energy and communications networks. Its principal business is conducted through Red Eléctrica de España, which operates Spain’s high-voltage electricity transmission system and performs the national electricity system operator function. The company helps maintain grid reliability, manage electricity flows and support the integration of renewable energy into the power system.
Redeia also develops and manages telecommunications infrastructure.
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