Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY - Get Free Report) shot up 0.2% on Wednesday . The company traded as high as $29.66 and last traded at $29.49. 27,652 shares traded hands during trading, an increase of 162% from the average session volume of 10,560 shares. The stock had previously closed at $29.42.
Analyst Ratings Changes
A number of brokerages have weighed in on TEZNY. Morgan Stanley reaffirmed an "underweight" rating on shares of Terna Rete Elettrica Nazionale in a research report on Friday, May 16th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Terna Rete Elettrica Nazionale in a research report on Thursday, March 27th.
Get Our Latest Analysis on TEZNY
Terna Rete Elettrica Nazionale Price Performance
The company has a 50-day moving average price of $30.11 and a 200 day moving average price of $27.32.
Terna Rete Elettrica Nazionale Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, July 10th. Stockholders of record on Wednesday, June 25th were given a $0.6325 dividend. This represents a dividend yield of 2.82%. This is a positive change from Terna Rete Elettrica Nazionale's previous dividend of $0.38. The ex-dividend date was Tuesday, June 24th.
About Terna Rete Elettrica Nazionale
(
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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