Tenaga Nasional Berhad (OTCMKTS:TNABY - Get Free Report) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 200 shares, an increase of 100.0% from the November 30th total of 100 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is presently 0.3 days.
Tenaga Nasional Berhad Trading Up 6.2 %
Shares of Tenaga Nasional Berhad stock traded up $0.76 on Friday, reaching $12.96. 321 shares of the company were exchanged, compared to its average volume of 976. Tenaga Nasional Berhad has a fifty-two week low of $8.52 and a fifty-two week high of $15.24. The firm has a market capitalization of $18.75 billion, a price-to-earnings ratio of 26.53 and a beta of -0.14. The stock has a fifty day moving average price of $12.66 and a 200-day moving average price of $12.81.
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.
Recommended Stories
Before you consider Tenaga Nasional Berhad, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tenaga Nasional Berhad wasn't on the list.
While Tenaga Nasional Berhad currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
