Tenaz Energy Corp. (TSE:TNZ – Get Free Report)’s share price hit a new 52-week high during trading on Thursday. The stock traded as high as C$76.20 and last traded at C$76.37, with a volume of 20,819 shares changing hands. The stock had previously closed at C$75.89.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. BMO Capital Markets raised their price target on Tenaz Energy from C$70.00 to C$75.00 in a research report on Friday, August 7th. National Bank Financial upped their price target on Tenaz Energy from C$91.00 to C$100.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 30th. Three investment analysts have rated the stock with a Buy rating. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$81.25.
Get Our Latest Research Report on TNZ
Tenaz Energy Price Performance
The firm’s fifty day simple moving average is C$68.59 and its 200 day simple moving average is C$56.49. The company has a debt-to-equity ratio of 100.16, a quick ratio of 2.77 and a current ratio of 0.89. The firm has a market cap of C$2.52 billion, a P/E ratio of 20.36 and a beta of 0.95.
Tenaz Energy (TSE:TNZ – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported C$2.58 EPS for the quarter. Tenaz Energy had a return on equity of 29.50% and a net margin of 22.09%. The company had revenue of C$156.69 million during the quarter. As a group, analysts forecast that Tenaz Energy Corp. will post 0.39 earnings per share for the current year.
About Tenaz Energy
Tenaz Energy Corp. is an energy company focused on the acquisition and sustainable development of international oil and gas assets. Tenaz is the largest natural gas producer in the Netherlands and develops crude oil and natural gas at Leduc-Woodbend in Alberta. Additional information regarding Tenaz is available on SEDAR+ and at www.tenazenergy.com. Tenaz’s Common Shares are listed for trading on the Toronto Stock Exchange under the symbol ‘TNZ’.
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