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Tenaga Nasional Berhad (OTCMKTS:TNABY) Shares Gap Up - Here's Why

Tenaga Nasional Berhad logo with Utilities background

Key Points

  • Tenaga Nasional Berhad's shares gapped up significantly, opening at $12.91 after closing at $12.00.
  • The company's stock has seen a 7.6% increase in trading, with a recent volume of 750 shares traded.
  • Tenaga Nasional Berhad is involved in the generation, transmission, distribution, and sale of electricity both in Malaysia and internationally.
  • Five stocks to consider instead of Tenaga Nasional Berhad.

Tenaga Nasional Berhad (OTCMKTS:TNABY - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $12.00, but opened at $12.91. Tenaga Nasional Berhad shares last traded at $12.91, with a volume of 750 shares trading hands.

Tenaga Nasional Berhad Trading Up 8.2%

The firm has a 50-day moving average of $13.09 and a two-hundred day moving average of $13.04.

Tenaga Nasional Berhad Company Profile

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Tenaga Nasional Berhad engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally. The company operates and maintains thermal generation facilities and hydroelectric power generating schemes; and manages and operates the National Grid that is connected to Thailand's transmission system, as well as Singapore's transmission system at Senoko.

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