Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE's stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$8.84 and traded as low as C$7.28. Gran Tierra Energy shares last traded at C$7.40, with a volume of 16,178 shares traded.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group set a C$12.00 price target on Gran Tierra Energy and gave the stock a "buy" rating in a research note on Wednesday, November 27th.
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Gran Tierra Energy Stock Down 3.3 %
The firm has a 50 day simple moving average of C$8.09 and a two-hundred day simple moving average of C$8.77. The company has a market capitalization of C$182.79 million, a PE ratio of 3.41, a P/E/G ratio of 0.23 and a beta of 1.57. The company has a current ratio of 1.31, a quick ratio of 0.58 and a debt-to-equity ratio of 176.57.
About Gran Tierra Energy
(
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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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