Tenaz Energy (TSE:TNZ) Reaches New 52-Week High – Still a Buy?

Tenaz Energy Corp. (TSE:TNZ)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$20.67 and last traded at C$20.67, with a volume of 7113 shares. The stock had previously closed at C$20.49.

Analyst Upgrades and Downgrades

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

Tenaz Energy Trading Down 0.8%

The company has a market cap of C$569.00 million, a price-to-earnings ratio of 306.61 and a beta of 1.65. The company’s fifty day moving average price is C$17.49 and its two-hundred day moving average price is C$14.89. The company has a quick ratio of 2.77, a current ratio of 1.43 and a debt-to-equity ratio of 10.56.

About Tenaz Energy

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.