Tenaz Energy (TSE:TNZ) Hits New 52-Week High – Here’s What Happened

Tenaz Energy Corp. (TSE:TNZ) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$19.90 and last traded at C$19.60, with a volume of 19016 shares traded. The stock had previously closed at C$19.50.

Analyst Upgrades and Downgrades

Separately, National Bankshares increased their price target on Tenaz Energy from C$21.00 to C$23.00 in a report on Thursday, May 1st.

Tenaz Energy Stock Up 0.2%

The company has a quick ratio of 2.77, a current ratio of 1.43 and a debt-to-equity ratio of 10.56. The firm has a market capitalization of C$550.53 million, a price-to-earnings ratio of 296.66 and a beta of 1.65. The stock has a 50 day moving average of C$15.85 and a 200 day moving average of C$14.37.

About Tenaz Energy

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.