Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$10.62 and traded as low as C$9.25. Gran Tierra Energy shares last traded at C$9.64, with a volume of 17,243 shares changing hands.
Analyst Ratings Changes
Several research analysts have weighed in on the stock. Canaccord Genuity Group set a C$12.00 price objective on shares of Gran Tierra Energy and gave the company a "buy" rating in a research note on Wednesday, November 27th. Royal Bank of Canada dropped their price target on shares of Gran Tierra Energy from C$10.00 to C$9.50 in a research note on Monday, October 7th.
View Our Latest Stock Analysis on GTE
Gran Tierra Energy Stock Up 1.7 %
The firm has a 50-day moving average price of C$8.97 and a two-hundred day moving average price of C$10.62. The company has a market capitalization of C$295.47 million, a P/E ratio of 4.48, a PEG ratio of 0.23 and a beta of 1.57. The company has a quick ratio of 0.58, a current ratio of 0.75 and a debt-to-equity ratio of 147.61.
Insider Activity at Gran Tierra Energy
In other Gran Tierra Energy news, Director Ronald William Royal sold 19,967 shares of Gran Tierra Energy stock in a transaction on Monday, December 2nd. The shares were sold at an average price of C$9.67, for a total transaction of C$193,080.89. 3.32% of the stock is owned by corporate insiders.
Gran Tierra Energy Company Profile
(
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Gran Tierra Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development, and production of oil and gas properties in proven, under-explored hydrocarbon basins that have access to established infrastructure. The firm produces primarily light crude oil, supplemented with medium crude and natural gas.
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