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.
Featured Stories
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.