Terna Rete Elettrica Nazionale (OTCMKTS:TEZNY) Reaches New 1-Year High – Here’s What Happened

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $35.77 and last traded at $35.71, with a volume of 4895 shares trading hands. The stock had previously closed at $35.67.

Terna Rete Elettrica Nazionale Trading Up 0.5%

The business’s fifty day moving average is $32.78 and its 200-day moving average is $31.41. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 1.53.

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.