Insider Buying: Tenaz Energy Corp. (TSE:TNZ) Senior Officer Buys C$699,000.00 in Stock

Tenaz Energy Corp. (TSE:TNZ) Senior Officer Jenson Jit-Chang Tan bought 100,000 shares of the business’s stock in a transaction on Monday, July 22nd. The stock was bought at an average price of C$6.99 per share, for a total transaction of C$699,000.00.

Tenaz Energy Price Performance

TNZ opened at C$7.00 on Thursday. The business’s 50-day moving average is C$3.96 and its two-hundred day moving average is C$3.85. Tenaz Energy Corp. has a 1 year low of C$3.01 and a 1 year high of C$7.56. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.12 and a quick ratio of 2.77. The firm has a market capitalization of C$186.90 million, a PE ratio of 8.86 and a beta of 1.43.

Tenaz Energy (TSE:TNZ) last posted its earnings results on Thursday, May 9th. The company reported C($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.10 by C($0.12). Tenaz Energy had a net margin of 38.67% and a return on equity of 27.27%. The company had revenue of C$17.89 million during the quarter. Research analysts anticipate that Tenaz Energy Corp. will post 0.010044 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.