Tenaz Energy (TSE:TNZ) Hits New 1-Year High – Here’s Why

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

Analysts Set New Price Targets

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

Tenaz Energy Trading Down 0.1%

The business has a 50 day moving average of C$15.53 and a 200 day moving average of C$14.29. The firm has a market capitalization of C$545.21 million, a price-to-earnings ratio of 293.79 and a beta of 1.65. The company has a debt-to-equity ratio of 10.56, a current ratio of 1.43 and a quick ratio of 2.77.

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.