Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE shares 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.
Analysts Set New Price Targets
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 report on Friday, June 20th.
Check Out Our Latest Stock Analysis on GTE
Gran Tierra Energy Trading Down 2.2%
The business has a fifty day moving average price of C$6.80 and a two-hundred day moving average price of C$7.46. The firm has a market capitalization of C$161.51 million, a PE ratio of 3.02, a PEG 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
(
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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