Red Electrica Corporacion SA (OTC:RDEIY) was downgraded by equities research analysts at Societe Generale from a “hold” rating to a “sell” rating in a research report issued on Thursday.

Separately, Royal Bank Of Canada cut Red Electrica Corporacion SA from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, September 5th.

Red Electrica Corporacion SA (OTC:RDEIY) opened at 10.76 on Thursday. Red Electrica Corporacion SA has a 12-month low of $8.65 and a 12-month high of $11.57. The stock has a market capitalization of $11.61 billion, a price-to-earnings ratio of 15.22 and a beta of 0.67. The company has a 50 day moving average of $11.09 and a 200-day moving average of $10.45.

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