Tenaz Energy (OTCMKTS:ATUUF) Stock Jumps 3.6% – Time to Buy?

by · The Markets Daily

Tenaz Energy Corp. (OTCMKTS:ATUUF – Get Free Report) shares were up 3.6% on Friday. The company traded as high as $54.20 and last traded at $52.9440. Approximately 22,942 shares changed hands during mid-day trading, an increase of 33% from the average session volume of 17,272 shares. The stock had previously closed at $51.11.

Wall Street Analyst Weigh In

ATUUF has been the topic of several recent analyst reports. BMO Capital Markets started coverage on Tenaz Energy in a report on Thursday, July 30th. They set an “outperform” rating on the stock. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Tenaz Energy in a report on Friday, October 9th. Two equities research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock has a consensus rating of “Buy”.

Get Our Latest Report on Tenaz Energy

Tenaz Energy Trading Up 3.6%

The stock’s 50-day moving average is $47.84 and its 200 day moving average is $42.45.

Tenaz Energy Company Profile

(Get Free Report)

Tenaz Energy Corp. is a Canadian oil and gas company focused on acquiring, developing and producing conventional energy assets. The company’s strategy emphasizes established producing properties and opportunities where operational improvements and additional development can support long-term production.

Tenaz has focused primarily on the Netherlands, where it holds interests in onshore and offshore oil and natural gas assets. Its activities include exploration, field development, production operations and management of interests in petroleum licenses.

Further Reading