Terna Rete Elettrica Nazionale (OTCMKTS:TEZNY) Hits New 12-Month High – Should You Buy?

by · The Cerbat Gem

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $32.53 and last traded at $32.53, with a volume of 445 shares trading hands. The stock had previously closed at $31.98.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada raised shares of Terna Rete Elettrica Nazionale from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, September 23rd. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Get Our Latest Analysis on Terna Rete Elettrica Nazionale

Terna Rete Elettrica Nazionale Trading Up 1.1%

The company has a 50 day moving average of $31.43 and a two-hundred day moving average of $30.56.

Terna Rete Elettrica Nazionale Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, December 11th. Stockholders of record on Monday, December 1st were issued a dividend of $0.2369 per share. This represents a dividend yield of 277.0%. The ex-dividend date of this dividend was Friday, November 28th.

Terna Rete Elettrica Nazionale Company Profile

(Get Free Report)

Terna Rete Elettrica Nazionale is the operator responsible for the planning, management and development of Italy’s high‑voltage electricity transmission network. The company’s core activities include the operation and maintenance of transmission lines and substations, real‑time system operation and dispatch, and network planning to ensure the secure and reliable delivery of electricity across the national grid. Terna also undertakes investments to expand and modernize transmission capacity, with a focus on enabling system stability and integrating variable renewable generation.

In addition to physical network operations, Terna provides a range of technical and engineering services related to grid connection, system balancing and ancillary services that support market functioning.

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