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Tenaz Energy (TSE:TNZ) Hits New 52-Week High - What's Next?

Tenaz Energy logo with Energy background

Tenaz Energy Corp. (TSE:TNZ - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as C$11.11 and last traded at C$10.70, with a volume of 50226 shares. The stock had previously closed at C$10.74.

Analyst Upgrades and Downgrades

Separately, Cormark raised shares of Tenaz Energy to a "moderate buy" rating in a research note on Monday, September 23rd.

Get Our Latest Analysis on TNZ

Tenaz Energy Price Performance

The stock has a market capitalization of C$296.97 million, a P/E ratio of 12.63 and a beta of 1.65. The company has a quick ratio of 2.77, a current ratio of 2.44 and a debt-to-equity ratio of 0.26. The business's 50 day simple moving average is C$8.51 and its two-hundred day simple moving average is C$6.15.

Tenaz Energy (TSE:TNZ - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.09 by C($0.05). Tenaz Energy had a return on equity of 29.54% and a net margin of 40.28%. The company had revenue of C$14.01 million during the quarter. As a group, sell-side analysts forecast that Tenaz Energy Corp. will post 0.3896418 earnings per share for the current fiscal year.

Tenaz Energy Company Profile

(Get Free Report)

Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas assets in Canada and the Netherlands. The company was formerly known as Altura Energy Inc and changed its name to Tenaz Energy Corp. in October 2021. Tenaz Energy Corp. is headquartered in Calgary, Canada.

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