Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE's stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty 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 changing hands.
Analysts Set New Price Targets
Separately, Raymond James Financial set a C$10.00 target price on Gran Tierra Energy and gave the company a "market perform" rating in a research note on Friday, June 20th.
Check Out Our Latest Stock Analysis on Gran Tierra Energy
Gran Tierra Energy Stock Performance
The firm has a fifty day moving average of C$6.79 and a 200-day moving average of C$7.50. The firm has a market cap of C$165.10 million, a P/E ratio of 3.08, a PEG ratio of 0.23 and a beta of 1.57. The company has a quick ratio of 0.58, a current ratio of 1.31 and a debt-to-equity ratio of 176.57.
About Gran Tierra Energy
(
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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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