Rexel S.A. (OTCMKTS:RXEEY – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $43.00 and traded as low as $41.27. Rexel shares last traded at $41.27, with a volume of 10,878 shares changing hands.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on RXEEY. Zacks Research upgraded shares of Rexel to a “hold” rating in a report on Tuesday, June 9th. Morgan Stanley reaffirmed an “overweight” rating on shares of Rexel in a report on Monday, June 29th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
View Our Latest Stock Analysis on RXEEY
Rexel Trading Down 0.7%
About Rexel
Rexel is a global distributor specializing in electrical supplies and services for residential, commercial and industrial markets. The company’s product portfolio includes wiring, lighting, automation and control systems, energy management solutions, safety equipment and renewable energy products. Rexel supports its customers with technical expertise, digital tools and value-added services such as inventory management, project management and on-site support.
Headquartered in Paris, France, Rexel operates in more than 25 countries across Europe, North America, Asia-Pacific and Latin America.
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