Rexel (OTCMKTS:RXLSF) Stock Crosses Above 200-Day Moving Average – What’s Next?

Rexel S.A. (OTCMKTS:RXLSFGet Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $27.10 and traded as high as $28.69. Rexel shares last traded at $28.69, with a volume of 462 shares trading hands.

Rexel Stock Performance

The business’s 50-day moving average price is $26.23 and its 200-day moving average price is $27.12.

Rexel Company Profile

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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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