Terna Rete Elettrica Nazionale (OTCMKTS:TEZNY) Reaches New 52-Week High – Time to Buy?

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY)’s stock price reached a new 52-week high during mid-day trading 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 Performance

The company has a debt-to-equity ratio of 1.53, a current ratio of 0.81 and a quick ratio of 0.80. The company has a 50-day moving average of $32.27 and a 200-day moving average of $31.17.

Terna Rete Elettrica Nazionale Announces Dividend

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