Rexel (OTCMKTS:RXLSF) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Rexel S.A. (OTCMKTS:RXLSFGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $28.54 and traded as high as $33.58. Rexel shares last traded at $33.58, with a volume of 1,350 shares changing hands.

Rexel Stock Up 6.7%

The company has a fifty day simple moving average of $30.80 and a two-hundred day simple moving average of $28.54.

About Rexel

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Rexel SA, together with its subsidiaries, engages in distribution of low and ultra-low voltage electrical products and services for the residential, commercial, and industrial markets in France, Europe, North America, and Asia-Pacific. The company offers smart cameras, sensors, controllers, and monitoring software; light sources, lights, and control switches; climate control products, including heat pumps, air conditioning, and water heaters; fire alarms, surveillance equipment, access controls devices, and emergency lightings; and connection cables, and switches and routers, as well as enclosures, mounts, and racks.

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