Tenaga Nasional Berhad (OTCMKTS:TNABY) Stock Price Up 0.3% – Should You Buy?

Tenaga Nasional Berhad (OTCMKTS:TNABYGet Free Report)’s share price was up 0.3% on Wednesday . The stock traded as high as $14.65 and last traded at $14.65. Approximately 1,092 shares were traded during trading, an increase of 659% from the average daily volume of 144 shares. The stock had previously closed at $14.6020.

Tenaga Nasional Berhad Price Performance

The firm has a 50-day moving average price of $14.13 and a 200-day moving average price of $13.26.

About Tenaga Nasional Berhad

(Get Free Report)

Tenaga Nasional Berhad (OTCMKTS: TNABY) is Malaysia’s largest integrated electricity utility, principally engaged in the generation, transmission, distribution and retail of electricity. The company operates a broad portfolio of power plants and manages the national grid infrastructure that delivers electricity to residential, commercial and industrial customers. Its operations encompass system planning, network operation and maintenance, meter services and customer supply functions typical of a vertically integrated utility.

TNB’s generation assets include thermal and hydroelectric facilities and the company has been expanding its participation in renewable energy and grid modernization initiatives.

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