Tenaga Nasional Berhad (OTCMKTS:TNABY) Hits New 12-Month High – Here’s Why

Shares of Tenaga Nasional Berhad (OTCMKTS:TNABYGet Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $15.24 and last traded at $15.24, with a volume of 60 shares. The stock had previously closed at $15.24.

Tenaga Nasional Berhad Stock Performance

The business’s fifty day simple moving average is $13.73 and its 200 day simple moving average is $11.90. The stock has a market cap of $22.05 billion, a price-to-earnings ratio of 33.13 and a beta of -0.15.

Tenaga Nasional Berhad Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, October 28th. Investors of record on Monday, September 30th will be issued a $0.2045 dividend. The ex-dividend date is Monday, September 30th.

About Tenaga Nasional Berhad

(Get Free Report)

Tenaga Nasional Berhad engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally. The company operates and maintains thermal generation facilities and hydroelectric power generating schemes; and manages and operates the National Grid that is connected to Thailand's transmission system, as well as Singapore's transmission system at Senoko.

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