Terna Rete Elettrica Nazionale (OTCMKTS:TEZNY) Reaches New 12-Month High – Still a Buy?

Shares of Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) reached a new 52-week high on Tuesday . The company traded as high as $35.7050 and last traded at $35.6575, with a volume of 937 shares traded. The stock had previously closed at $35.10.

Terna Rete Elettrica Nazionale Stock Up 0.6%

The company’s fifty day simple moving average is $32.27 and its two-hundred day simple moving average is $31.17. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 1.53.

Terna Rete Elettrica Nazionale Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, December 11th. Stockholders of record on Monday, December 1st were given a $0.2369 dividend. The ex-dividend date was Friday, November 28th. This represents a dividend yield of 277.0%.

About Terna Rete Elettrica Nazionale

Terna Rete Elettrica Nazionale is the operator responsible for the planning, management and development of Italy’s high‑voltage electricity transmission network. The company’s core activities include the operation and maintenance of transmission lines and substations, real‑time system operation and dispatch, and network planning to ensure the secure and reliable delivery of electricity across the national grid. Terna also undertakes investments to expand and modernize transmission capacity, with a focus on enabling system stability and integrating variable renewable generation.

In addition to physical network operations, Terna provides a range of technical and engineering services related to grid connection, system balancing and ancillary services that support market functioning.