Tenaz Energy (TSE:TNZ) Hits New 1-Year High – What’s Next?

Tenaz Energy Corp. (TSE:TNZ) shares hit a new 52-week high on Monday . The stock traded as high as C$16.10 and last traded at C$15.58, with a volume of 58765 shares traded. The stock had previously closed at C$15.25.

Analysts Set New Price Targets

TNZ has been the topic of a number of recent research reports. Haywood Securities increased their price objective on shares of Tenaz Energy from C$14.25 to C$17.50 in a research note on Wednesday, December 18th. National Bankshares set a C$23.00 target price on Tenaz Energy and gave the company an “outperform” rating in a research report on Friday, February 7th. Finally, National Bank Financial raised Tenaz Energy to a “strong-buy” rating in a research report on Thursday, February 6th.

Tenaz Energy Trading Down 2.2 %

The firm has a market cap of C$448.87 million, a price-to-earnings ratio of 18.89 and a beta of 1.65. The company has a fifty day moving average price of C$13.77 and a 200-day moving average price of C$10.93. The company has a current ratio of 2.44, a quick ratio of 2.77 and a debt-to-equity ratio of 0.26.

Tenaz Energy Company Profile

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.