Tenaga Nasional Berhad (OTCMKTS:TNABY) Hits New 1-Year High – Should You Buy?

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

Tenaga Nasional Berhad Price Performance

The firm’s 50 day simple moving average is $13.73 and its 200-day simple moving average is $11.90. The company has a market capitalization of $22.05 billion, a PE 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 given a dividend of $0.2045 per share. 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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