Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$10.01 and traded as low as C$8.81. Gran Tierra Energy shares last traded at C$9.04, with a volume of 117,961 shares trading hands.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on GTE shares. Royal Bank of Canada cut their price objective on shares of Gran Tierra Energy from C$10.00 to C$9.50 in a research report on Monday, October 7th. Canaccord Genuity Group set a C$12.00 price target on shares of Gran Tierra Energy and gave the company a "buy" rating in a research note on Wednesday, November 27th.
View Our Latest Research Report on Gran Tierra Energy
Gran Tierra Energy Stock Down 5.3 %
The company has a current ratio of 0.75, a quick ratio of 0.58 and a debt-to-equity ratio of 147.61. The firm's 50 day simple moving average is C$9.83 and its 200-day simple moving average is C$10.01. The stock has a market capitalization of C$277.08 million, a price-to-earnings ratio of 4.20, a price-to-earnings-growth ratio of 0.23 and a beta of 1.57.
Gran Tierra Energy (TSE:GTE - Get Free Report) NYSEMKT: GTE last issued its quarterly earnings results on Monday, November 4th. The company reported C$0.10 earnings per share (EPS) for the quarter. Gran Tierra Energy had a net margin of 7.68% and a return on equity of 12.50%. Equities analysts expect that Gran Tierra Energy Inc. will post 0.1092044 earnings per share for the current fiscal year.
Insider Transactions at Gran Tierra Energy
In other Gran Tierra Energy news, Director Ronald William Royal sold 19,967 shares of the business's 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 owned by company 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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