Rexel S.A. (OTCMKTS:RXEEY – Get Free Report) gapped down before the market opened on Tuesday. The stock had previously closed at $37.07, but opened at $35.58. Rexel shares last traded at $35.8035, with a volume of 1,945 shares traded.
Wall Street Analyst Weigh In
Separately, Morgan Stanley restated an “overweight” rating on shares of Rexel in a research note on Tuesday, October 6th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.
Get Our Latest Stock Analysis on Rexel
Rexel Stock Performance
The company has a 50-day moving average of $41.11 and a 200-day moving average of $42.26.
About Rexel
Rexel is a France-based distributor of electrical products and related solutions for residential, commercial and industrial customers. The company supplies equipment used in electrical installations, including wiring and cabling, circuit protection, lighting, automation and control systems, tools, safety products, and heating, ventilation and air-conditioning equipment.
Rexel serves electrical contractors, industrial businesses, construction companies, utilities and other professional customers through branch networks, sales teams and digital commerce platforms.
Recommended Stories
- Five stocks we like better than Rexel
- Powering Up: Applied Digital Execs Buy $6.7M in Stock
- Chip Stocks Are Sliding—Why Is Smart Money Buying?
- Adults Are Fueling a Toy Boom—These 4 Stocks Could Cash In
- Could Quantinuum’s Breakthrough Make Its Sell-Off a Bargain?
Receive News & Ratings for Rexel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rexel and related companies with MarketBeat.com's FREE daily email newsletter.
