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.
Read More
Before you consider Tenaz Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tenaz Energy wasn't on the list.
While Tenaz Energy currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.