Shares of Tenaga Nasional Berhad (OTCMKTS:TNABY – Get Free Report) traded up 11.5% on Thursday . The stock traded as high as $15.5312 and last traded at $15.5312. 177 shares were traded during mid-day trading, a decline of 84% from the average session volume of 1,106 shares. The stock had previously closed at $13.93.
Tenaga Nasional Berhad Price Performance
The company has a market capitalization of $22.57 billion, a PE ratio of 35.45 and a beta of -0.40. The company has a 50 day moving average of $14.41 and a two-hundred day moving average of $13.77.
Tenaga Nasional Berhad Company Profile
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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