Tenaz Energy (OTCMKTS:ATUUF) Shares Climb 3.6% – Still a Buy?

Tenaz Energy Corp. (OTCMKTS:ATUUF – Get Free Report)’s share price was up 3.6% during trading on Friday. The stock traded as high as $54.20 and last traded at $52.9440. 22,942 shares changed hands during trading, an increase of 33% from the average session volume of 17,272 shares. The stock had previously closed at $51.11.

Analyst Ratings Changes

A number of analysts have commented on the stock. BMO Capital Markets assumed coverage on shares of Tenaz Energy in a research report on Thursday, July 30th. They set an “outperform” rating on the stock. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Tenaz Energy in a report on Friday, October 9th. Two equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company has a consensus rating of “Buy”.

Get Our Latest Stock Report on ATUUF

Tenaz Energy Price Performance

The company has a fifty day simple moving average of $47.84 and a 200-day simple moving average of $42.45.

Tenaz Energy Company Profile

(Get Free Report)

Tenaz Energy Corp. is a Canadian oil and gas company focused on acquiring, developing and producing conventional energy assets. The company’s strategy emphasizes established producing properties and opportunities where operational improvements and additional development can support long-term production.

Tenaz has focused primarily on the Netherlands, where it holds interests in onshore and offshore oil and natural gas assets. Its activities include exploration, field development, production operations and management of interests in petroleum licenses.

Further Reading

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