Tenaz Energy (TSE:TNZ) Sets New 12-Month High - Time to Buy?

Key Points

• Tenaz Energy Corp. (TSE:TNZ) achieved a new 52-week high during trading, reaching C$23.23, with recent trading at C$23.07 and a volume of 49,338 shares.
• The company's market capitalization is approximately C$653.27 million, with a notable PE ratio of 4.35 and a high debt-to-equity ratio of 10.56.
• Tenaz Energy focuses on the acquisition and development of oil and gas assets in Canada and the Netherlands, previously known as Altura Energy Inc.

Tenaz Energy Corp. (TSE:TNZ - ) hit a new 52-week high during trading on Wednesday . The stock traded as high as C$23.23 and last traded at C$23.07, with a volume of 49338 shares traded. The stock had previously closed at C$22.95.

Tenaz Energy Stock Performance

The company's 50-day moving average price is C$19.97 and its 200 day moving average price is C$16.65. The stock has a market capitalization of C$653.27 million, a PE ratio of 4.35 and a beta of 1.26. The company has a debt-to-equity ratio of 10.56, a quick ratio of 2.77 and a current ratio of 1.43.

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.

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