Tenaga Nasional Berhad (OTCMKTS:TNABY – Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $14.62, but opened at $13.65. Tenaga Nasional Berhad shares last traded at $13.73, with a volume of 300 shares trading hands.
Tenaga Nasional Berhad Stock Performance
The firm has a market capitalization of $19.81 billion, a PE ratio of 31.13 and a beta of -0.40. The firm’s 50-day moving average is $13.62 and its 200 day moving average is $13.14.
About Tenaga Nasional Berhad
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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