Rexel S.A. (OTCMKTS:RXEEY – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $39.99 and traded as high as $40.60. Rexel shares last traded at $40.60, with a volume of 14,994 shares.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley reissued an “overweight” rating on shares of Rexel in a research report on Tuesday, October 6th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Rexel currently has an average rating of “Moderate Buy”.
View Our Latest Analysis on RXEEY
Rexel Stock Up 2.0%
The stock has a fifty day simple moving average of $39.99 and a two-hundred day simple moving average of $41.74.
Rexel Company Profile
Rexel is a France-based distributor of electrical products and services, serving professional customers such as electricians, contractors, industrial companies and building operators. The company supplies equipment used in residential, commercial and industrial projects, including electrical installation materials, lighting, automation and control systems, cables, and energy-management solutions. In addition to product distribution, Rexel provides services such as technical advice, logistics support and digital tools designed to help customers plan and manage projects.
Featured Articles
- Five stocks we like better than Rexel
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
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.
