Raymond James Financial set a C$10.00 price target on Gran Tierra Energy (TSE:GTE - Free Report) NYSEMKT: GTE in a research report released on Friday,BayStreet.CA reports. The firm currently has a market perform rating on the stock.
Gran Tierra Energy Stock Down 5.7%
TSE:GTE traded down C$0.45 during trading hours on Friday, reaching C$7.48. The company had a trading volume of 45,338 shares, compared to its average volume of 36,247. Gran Tierra Energy has a twelve month low of C$4.76 and a twelve month high of C$14.23. The company has a quick ratio of 0.58, a current ratio of 1.31 and a debt-to-equity ratio of 176.57. The firm has a market cap of C$191.76 million, a price-to-earnings ratio of 3.58, a P/E/G ratio of 0.23 and a beta of 1.57. The business's 50-day simple moving average is C$6.65 and its two-hundred day simple moving average is C$7.74.
Insider Activity at Gran Tierra Energy
In other Gran Tierra Energy news, Director David Paul Smith sold 4,798 shares of the firm's stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of C$7.38, for a total value of C$35,403.48. 3.32% of the stock is currently owned by corporate 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.
Further Reading
Before you consider Gran Tierra Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gran Tierra Energy wasn't on the list.
While Gran Tierra Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
