Rexel (OTCMKTS:RXLSF) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Rexel S.A. (OTCMKTS:RXLSFGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.90 and traded as high as $27.78. Rexel shares last traded at $27.78, with a volume of 502 shares changing hands.

Rexel Price Performance

The company’s fifty day moving average is $26.99 and its two-hundred day moving average is $26.90.

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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