Shares of Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$6.34 and traded as low as C$5.33. Gran Tierra Energy shares last traded at C$5.37, with a volume of 36,216 shares.
Analyst Upgrades and Downgrades
GTE has been the topic of several research reports. Raymond James Financial set a C$10.00 target price on Gran Tierra Energy and gave the stock a "market perform" rating in a research report on Friday, June 20th. Royal Bank Of Canada decreased their price target on Gran Tierra Energy from C$9.00 to C$8.50 and set a "sector perform" rating for the company in a research note on Friday, August 1st. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of C$10.17.
Read Our Latest Stock Analysis on GTE
Gran Tierra Energy Price Performance
The stock has a 50-day simple moving average of C$5.69 and a 200 day simple moving average of C$6.31. The company has a debt-to-equity ratio of 176.57, a quick ratio of 0.58 and a current ratio of 1.31. The company has a market cap of C$198.69 million, a P/E ratio of -2.89, a P/E/G ratio of 0.23 and a beta of 0.70.
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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