Tenaz Energy (TSE:TNZ) Stock Price Expected to Rise, Haywood Securities Analyst Says

Tenaz Energy (TSE:TNZ) had its price objective upped by Haywood Securities from C$14.25 to C$17.50 in a report issued on Wednesday morning,BayStreet.CA reports.

Separately, Cormark raised Tenaz Energy to a “moderate buy” rating in a report on Monday, September 23rd.

Tenaz Energy Trading Down 2.6 %

TSE:TNZ opened at C$13.73 on Wednesday. Tenaz Energy has a 12-month low of C$3.40 and a 12-month high of C$15.43. The firm has a market cap of C$375.10 million, a PE ratio of 15.78 and a beta of 1.65. The company has a current ratio of 2.44, a quick ratio of 2.77 and a debt-to-equity ratio of 0.26. The stock has a fifty day moving average price of C$12.11 and a 200 day moving average price of C$8.29.

Tenaz Energy (TSE:TNZ) last announced its quarterly earnings data on Thursday, November 7th. The company reported C($0.09) earnings per share (EPS) for the quarter. Tenaz Energy had a net margin of 40.28% and a return on equity of 29.54%. The company had revenue of C$14.82 million during the quarter. Sell-side analysts anticipate that Tenaz Energy will post 0.3896418 earnings per share for the current fiscal year.

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.