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Tenaz Energy (TSE:TNZ) Shares Down 0.8% - Here's Why

Tenaz Energy logo with Energy background

Shares of Tenaz Energy Corp. (TSE:TNZ - Get Free Report) fell 0.8% during mid-day trading on Thursday . The stock traded as low as C$14.09 and last traded at C$14.21. 49,395 shares were traded during trading, a decline of 27% from the average session volume of 67,850 shares. The stock had previously closed at C$14.33.

Analyst Ratings Changes

A number of equities analysts recently weighed in on TNZ shares. National Bank Financial raised shares of Tenaz Energy to a "strong-buy" rating in a research note on Thursday, February 6th. National Bankshares raised their price target on shares of Tenaz Energy from C$21.00 to C$23.00 in a report on Thursday, May 1st.

Get Our Latest Research Report on Tenaz Energy

Tenaz Energy Trading Up 1.4%

The firm has a market capitalization of C$416.47 million, a PE ratio of 224.42 and a beta of 1.65. The firm's fifty day moving average is C$13.31 and its two-hundred day moving average is C$13.46. The company has a debt-to-equity ratio of 10.56, a current ratio of 1.43 and a quick ratio of 2.77.

Tenaz Energy Company Profile

(Get Free Report)

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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