Shares of Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.79 and traded as low as C$7.97. Gran Tierra Energy shares last traded at C$8.10, with a volume of 29,948 shares trading hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group set a C$12.00 target price on Gran Tierra Energy and gave the stock a "buy" rating in a report on Wednesday, November 27th.
Check Out Our Latest Analysis on GTE
Gran Tierra Energy Price Performance
The stock has a market capitalization of C$248.57 million, a PE ratio of 3.77, a P/E/G ratio of 0.23 and a beta of 1.57. The company has a debt-to-equity ratio of 147.61, a current ratio of 0.75 and a quick ratio of 0.58. The stock's fifty day moving average is C$9.75 and its 200-day moving average is C$9.68.
Gran Tierra Energy (TSE:GTE - Get Free Report) NYSEMKT: GTE last issued its quarterly earnings data on Monday, November 4th. The company reported C$0.10 earnings per share for the quarter. Gran Tierra Energy had a net margin of 7.68% and a return on equity of 12.50%. As a group, equities analysts predict that Gran Tierra Energy Inc. will post 0.1092044 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, Director Ronald William Royal sold 19,967 shares of Gran Tierra Energy stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of C$9.67, for a total value of C$193,080.89. 3.32% of the stock is currently owned by insiders.
About Gran Tierra Energy
(
Get Free Report)
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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