National Bank Financial upgraded shares of Tenaz Energy (TSE:TNZ - Free Report) to a strong-buy rating in a report released on Thursday morning,Zacks.com reports.
TNZ has been the topic of a number of other reports. National Bankshares set a C$23.00 price objective on shares of Tenaz Energy and gave the stock an "outperform" rating in a research report on Friday. Haywood Securities increased their price objective on shares of Tenaz Energy from C$14.25 to C$17.50 in a research report on Wednesday, December 18th.
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Tenaz Energy Price Performance
Shares of TNZ traded up C$0.21 during midday trading on Thursday, hitting C$15.46. 97,529 shares of the company traded hands, compared to its average volume of 53,857. The firm has a 50 day moving average of C$13.68 and a 200-day moving average of C$10.80. Tenaz Energy has a 52 week low of C$3.40 and a 52 week high of C$16.10. The stock has a market cap of C$422.37 million, a price-to-earnings ratio of 17.77 and a beta of 1.65. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.77 and a current ratio of 2.44.
Tenaz Energy (TSE:TNZ - Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported C($0.09) earnings per share (EPS) for the quarter. The business had revenue of C$14.82 million for the quarter. Tenaz Energy had a net margin of 40.28% and a return on equity of 29.54%. On average, analysts forecast that Tenaz Energy will post 0.3896418 EPS for the current fiscal year.
About Tenaz Energy
(
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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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