Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY – Get Free Report) hit a new 52-week low during mid-day trading on Monday. The stock traded as low as $8.05 and last traded at $8.05, with a volume of 50,226 shares changing hands. The stock had previously closed at $8.25.
Redeia Corporacion Stock Performance
The company has a debt-to-equity ratio of 0.89, a current ratio of 1.18 and a quick ratio of 1.12. The company’s 50-day simple moving average is $8.52 and its two-hundred day simple moving average is $8.64.
About Redeia Corporacion
Redeia Corporación, formerly known as Red Eléctrica Corporación, is a Spanish infrastructure group focused on the operation and management of essential energy and communications networks. Its principal business is conducted through Red Eléctrica de España, which operates Spain’s high-voltage electricity transmission system and performs the national electricity system operator function. The company helps maintain grid reliability, manage electricity flows and support the integration of renewable energy into the power system.
Redeia also develops and manages telecommunications infrastructure.
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