Tenaz Energy (TSE:TNZ) Stock Price Up 1.7%

Tenaz Energy Corp. (TSE:TNZ) rose 1.7% during mid-day trading on Thursday . The company traded as high as C$4.33 and last traded at C$4.22. Approximately 40,108 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 52,582 shares. The stock had previously closed at C$4.15.

Tenaz Energy Trading Up 1.7 %

The business has a 50-day simple moving average of C$3.76 and a 200-day simple moving average of C$3.89. The company has a market cap of C$113.81 million, a PE ratio of 5.08 and a beta of 1.43. The company has a quick ratio of 2.77, a current ratio of 1.89 and a debt-to-equity ratio of 0.26.

Tenaz Energy (TSE:TNZ) last posted its quarterly earnings results on Thursday, March 28th. The company reported C$0.12 EPS for the quarter, topping the consensus estimate of C$0.11 by C$0.01. The business had revenue of C$21.26 million during the quarter, compared to the consensus estimate of C$20.40 million. Tenaz Energy had a net margin of 47.81% and a return on equity of 29.12%. On average, analysts predict that Tenaz Energy Corp. will post 0.219308 EPS for the current fiscal year.

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. The company is headquartered in Calgary, Canada.