Tenaga Nasional Bhd (OTCMKTS:TNABY) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Friday, ValuEngine reports.

Shares of TNABY traded up $0.06 during mid-day trading on Friday, hitting $13.21. The stock had a trading volume of 1,028 shares, compared to its average volume of 1,255. The company’s fifty day simple moving average is $12.87 and its two-hundred day simple moving average is $12.59. Tenaga Nasional Bhd has a fifty-two week low of $10.81 and a fifty-two week high of $15.88.

Tenaga Nasional Bhd Company Profile

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, as well as supports six independent power producers; and manages and operates the National Grid that is connected to Thailand's transmission system in the north, as well as Singapore's transmission system at Senoko in the south.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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