Tenaga Nasional Berhad (OTCMKTS:TNABY) Shares Down 3.9% – Time to Sell?

Tenaga Nasional Berhad (OTCMKTS:TNABYGet Free Report) dropped 3.9% on Friday . The stock traded as low as $12.50 and last traded at $12.50. Approximately 385 shares changed hands during trading, a decline of 25% from the average daily volume of 513 shares. The stock had previously closed at $13.00.

Tenaga Nasional Berhad Stock Performance

The company’s fifty day moving average price is $12.93 and its two-hundred day moving average price is $13.06.

About Tenaga Nasional Berhad

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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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