Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY – Get Free Report) saw unusually-high trading volume on Tuesday. 359,254 shares traded hands during trading, an increase of 272% from the average daily volume of 96,693 shares. The stock last traded at $8.1765 and had previously closed at $8.34.
Redeia Corporacion Stock Down 2.2%
The stock has a fifty day moving average price of $8.49 and a 200-day moving average price of $8.67. The company has a quick ratio of 1.12, a current ratio of 1.18 and a debt-to-equity ratio of 0.89.
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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