Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE's stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$11.08 and traded as low as C$8.32. Gran Tierra Energy shares last traded at C$8.60, with a volume of 10,980 shares traded.
Analysts Set New Price Targets
Separately, Royal Bank of Canada reduced their target price on shares of Gran Tierra Energy from C$10.00 to C$9.50 in a research note on Monday, October 7th.
Read Our Latest Stock Analysis on GTE
Gran Tierra Energy Stock Up 2.6 %
The company has a debt-to-equity ratio of 147.61, a quick ratio of 0.58 and a current ratio of 0.75. The firm has a market capitalization of C$270.33 million, a price-to-earnings ratio of 4.08, a PEG ratio of 0.23 and a beta of 1.57. The firm has a fifty day moving average price of C$8.69 and a 200 day moving average price of C$11.08.
About Gran Tierra Energy
(
Get Free Report)
Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.
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