Tenaz Energy (TSE:TNZ) Given a C$23.00 Price Target by National Bankshares Analysts

National Bankshares set a C$23.00 price target on Tenaz Energy (TSE:TNZ) in a research note published on Friday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Separately, Haywood Securities boosted their price objective on Tenaz Energy from C$14.25 to C$17.50 in a report on Wednesday, December 18th.

Tenaz Energy Price Performance

Tenaz Energy stock opened at C$15.25 on Friday. Tenaz Energy has a 52 week low of C$3.40 and a 52 week high of C$15.43. The firm has a market cap of C$416.63 million, a P/E ratio of 17.53 and a beta of 1.65. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.77 and a current ratio of 2.44. The business’s fifty day moving average is C$13.68 and its two-hundred day moving average is C$10.78.

Tenaz Energy (TSE:TNZ) last posted its quarterly earnings data on Thursday, November 7th. The company reported C($0.09) earnings per share for the quarter. The company had revenue of C$14.82 million during the quarter. Tenaz Energy had a return on equity of 29.54% and a net margin of 40.28%. Equities research analysts forecast that Tenaz Energy will post 0.3896418 earnings per share 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. Tenaz Energy Corp. is headquartered in Calgary, Canada.