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

Shares of 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 $35.77 and last traded at $35.71, with a volume of 4895 shares. The stock had previously closed at $35.67.

Terna Rete Elettrica Nazionale Stock Performance

The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 1.53. The stock’s 50-day moving average is $32.78 and its two-hundred day moving average is $31.41.

About Terna Rete Elettrica Nazionale

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.