Tenaz Energy Corp. (TSE:TNZ – Get Free Report) hit a new 52-week high during trading on Friday. The stock traded as high as C$76.00 and last traded at C$75.75, with a volume of 129,454 shares trading hands. The stock had previously closed at C$71.60.
Analyst Ratings Changes
Several research firms recently commented on TNZ. National Bank Financial raised their price target on shares of Tenaz Energy from C$91.00 to C$100.00 and gave the company an “outperform” rating in a research report on Wednesday, September 30th. BMO Capital Markets increased their target price on shares of Tenaz Energy from C$70.00 to C$75.00 in a research note on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Tenaz Energy currently has an average rating of “Buy” and a consensus target price of C$81.25.
Check Out Our Latest Stock Analysis on TNZ
Tenaz Energy Trading Up 4.9%
The company has a current ratio of 0.89, a quick ratio of 2.77 and a debt-to-equity ratio of 100.16. The firm has a market capitalization of C$2.49 billion, a PE ratio of 20.09 and a beta of 0.95. The business has a fifty day moving average price of C$66.76 and a two-hundred day moving average price of C$59.07.
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 business had revenue of C$156.69 million during the quarter. Analysts expect that Tenaz Energy Corp. will post 0.39 EPS for the current fiscal year.
Tenaz Energy Company Profile
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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