Shares of Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY – Get Free Report) saw strong trading volume on Tuesday. 209,146 shares were traded during trading, an increase of 135% from the previous session’s volume of 88,949 shares. The stock last traded at $8.29 and had previously closed at $8.26.
Redeia Corporacion Stock Performance
The stock’s fifty day moving average price is $8.60 and its 200-day moving average price is $8.65. The company has a quick ratio of 1.12, a current ratio of 1.18 and a debt-to-equity ratio of 0.89.
About Redeia Corporacion
Redeia Corporación, SA is a Spanish infrastructure and energy-transition company formerly known as Red Eléctrica Corporación. Its core business is the operation and maintenance of Spain’s high-voltage electricity transmission network and the management of the Spanish electricity system through its subsidiary Red Eléctrica. The company supports the reliability, security and integration of renewable energy within the power system.
Redeia also operates telecommunications infrastructure through Reintel, which manages fiber-optic networks, and provides satellite communications services through Hispasat.
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