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Terna (OTCMKTS:TEZNY) Sets New 1-Year High - Here's Why

Terna logo with Utilities background

Shares of Terna S.p.A. (OTCMKTS:TEZNY - Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as $31.18 and last traded at $30.95, with a volume of 4947 shares trading hands. The stock had previously closed at $30.78.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on TEZNY shares. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Terna in a research report on Thursday, March 27th. Morgan Stanley reaffirmed an "underweight" rating on shares of Terna in a report on Friday, May 16th.

View Our Latest Report on Terna

Terna Price Performance

The stock's fifty day simple moving average is $29.36 and its two-hundred day simple moving average is $26.41.

Terna Company Profile

(Get Free Report)

Terna S.p.A., together with its subsidiaries, provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. It operates through Regulated, Non-Regulated, and International segments. The company is involved in the design, construction, management, development, operation, and maintenance of national transmission grid; dispatching and metering; and construction of storage systems.

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