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Tenaz Energy (TSE:TNZ) Trading Down 1.1% - Here's What Happened

Tenaz Energy logo with Energy background

Tenaz Energy Corp. (TSE:TNZ - Get Free Report) shares fell 1.1% during mid-day trading on Tuesday . The company traded as low as C$19.87 and last traded at C$19.88. 74,753 shares were traded during trading, an increase of 10% from the average session volume of 67,804 shares. The stock had previously closed at C$20.10.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Report on TNZ

Tenaz Energy Trading Down 0.4%

The business's 50-day moving average price is C$17.95 and its two-hundred day moving average price is C$15.11. 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 firm has a market cap of C$556.13 million, a price-to-earnings ratio of 299.67 and a beta of 1.65.

About Tenaz Energy

(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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