Free Trial

Gran Tierra Energy (TSE:GTE) Share Price Passes Below 50-Day Moving Average - Time to Sell?

Gran Tierra Energy logo with Energy background

Shares of Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$6.77 and traded as low as C$6.63. Gran Tierra Energy shares last traded at C$6.72, with a volume of 30,098 shares.

Analyst Ratings Changes

Separately, Raymond James Financial set a C$10.00 price target on Gran Tierra Energy and gave the stock a "market perform" rating in a research note on Friday, June 20th.

Get Our Latest Report on GTE

Gran Tierra Energy Price Performance

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$167.92 million, a P/E ratio of 3.14, a P/E/G ratio of 0.23 and a beta of 1.57. The firm has a 50 day moving average price of C$6.78 and a two-hundred day moving average price of C$7.52.

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

Should You Invest $1,000 in Gran Tierra Energy Right Now?

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

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines