Terna Rete Elettrica Nazionale (OTCMKTS:TEZNY) Shares Up 0.2% - Still a Buy?

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY - Get Free Report)'s share price traded up 0.2% during mid-day trading on Wednesday . The stock traded as high as $29.66 and last traded at $29.49. 27,652 shares were traded during mid-day trading, an increase of 162% from the average session volume of 10,560 shares. The stock had previously closed at $29.42.

Wall Street Analyst Weigh In

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

Terna Rete Elettrica Nazionale Stock Up 1.2%

The business's fifty day moving average is $30.13 and its 200-day moving average is $27.46.

Terna Rete Elettrica Nazionale Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, July 10th. Stockholders of record on Wednesday, June 25th were given a dividend of $0.6325 per share. The ex-dividend date of this dividend was Tuesday, June 24th. This represents a dividend yield of 2.82%. This is a boost from Terna Rete Elettrica Nazionale's previous dividend of $0.38.

Terna Rete Elettrica Nazionale Company Profile

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.