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

Shares of Tenaz Energy Corp. (TSE:TNZ) hit a new 52-week high during 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 trading hands. The stock had previously closed at C$19.50.

Wall Street Analyst Weigh In

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

Tenaz Energy Price Performance

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

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.