Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY – Get Free Report) shares saw an uptick in trading volume on Tuesday. Approximately 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 Price Performance
The company has a fifty day moving average price of $8.60 and a two-hundred day moving average price of $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.
Redeia Corporacion Company Profile
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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