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Tenaz Energy (TSE:TNZ) Stock Price Up 0.4% - Here's Why

Tenaz Energy logo with Energy background

Tenaz Energy Corp. (TSE:TNZ - Get Free Report) traded up 0.4% during mid-day trading on Wednesday . The stock traded as high as C$13.83 and last traded at C$13.81. 48,348 shares changed hands during trading, a decline of 26% from the average session volume of 65,462 shares. The stock had previously closed at C$13.76.

Wall Street Analyst Weigh In

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

View Our Latest Stock Analysis on TNZ

Tenaz Energy Trading Up 1.7 %

The company has a current ratio of 2.44, a quick ratio of 2.77 and a debt-to-equity ratio of 0.26. The company has a market capitalization of C$383.85 million, a price-to-earnings ratio of 15.87 and a beta of 1.65. The business's 50 day moving average price is C$11.51 and its two-hundred day moving average price is C$7.96.

Tenaz Energy (TSE:TNZ - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported C($0.09) EPS for the quarter. The firm had revenue of C$14.82 million during the quarter. Tenaz Energy had a net margin of 40.28% and a return on equity of 29.54%. On average, equities analysts predict that Tenaz Energy Corp. will post 0.3896418 earnings per share for the current fiscal year.

About Tenaz Energy

(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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