TVE shares touch 52-week high at $25.3 on steady gains By Investing.com
In a market that often rewards the fast and the bold, shares of Tennessee Valley Authority ( TVE ) quietly hit a new 52-week high, trading at $25.3, supported by strong annual revenue of $12.31 billion and healthy EBITDA of 4 .59 billion dollars. According to InvestingPro analysis, the company maintains a solid gross profit margin of 40.1%. This highlight reflects modest but steady year-over-year growth, with the stock witnessing a 0.45% gain over the past 12 months, complemented by 2.16% revenue growth and an attractive dividend yield of $0.55 per share. Investors have shown appreciation for TVE’s consistent performance in a landscape marked by volatility, rewarding the company with a steady climb to this significant price level. The highest value in 52 weeks serves as a confirmation of the company’s resilience and the sustainable confidence of its shareholders. Discover deeper insights and exclusive analysis with a InvestingPro subscription.
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