Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY – Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $8.61 and traded as high as $8.73. Redeia Corporacion shares last traded at $8.58, with a volume of 55,820 shares trading hands.
Redeia Corporacion Stock Performance
The firm has a 50 day moving average of $8.61 and a 200-day moving average of $8.75. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.17 and a current ratio of 1.23.
Redeia Corporacion Company Profile
Redeia Corporación (OTCMKTS:RDEIY) is a Spain-based energy infrastructure group principally engaged in the transmission of electricity, provision of telecommunications services through an extensive fiber-optic network, and transportation and distribution of natural gas. In its electricity transmission business, Redeia operates and maintains high-voltage lines and substations under long-term concession agreements, ensuring the reliable flow of power across the Iberian Peninsula. Its telecommunications arm leverages that same network infrastructure to serve both internal grid-management needs and third-party clients, supporting data traffic and digital services.
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