Terna Rete Elettrica Nazionale (OTCMKTS:TEZNY) Hits New 52-Week High – Should You Buy?

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) hit a new 52-week high during trading on Wednesday . The company traded as high as $33.27 and last traded at $33.13, with a volume of 1269 shares trading hands. The stock had previously closed at $32.41.

Terna Rete Elettrica Nazionale Stock Up 2.3%

The firm has a fifty day moving average of $31.79 and a two-hundred day moving average of $30.87.

Terna Rete Elettrica Nazionale Announces Dividend

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

Terna Rete Elettrica Nazionale Company Profile

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.