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Terna (OTCMKTS:TEZNY) Sets New 12-Month High - Here's Why

Terna logo with Utilities background

Terna S.p.A. (OTCMKTS:TEZNY - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $31.11 and last traded at $31.11, with a volume of 31309 shares trading hands. The stock had previously closed at $30.66.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on TEZNY

Terna Stock Performance

The firm's 50 day moving average price is $28.84 and its 200 day moving average price is $26.13.

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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