Gran Tierra Energy (TSE:GTE) Share Price Passes Below 200-Day Moving Average - Should You Sell?

Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$7.90 and traded as low as C$6.54. Gran Tierra Energy shares last traded at C$6.62, with a volume of 21,524 shares trading hands.

Gran Tierra Energy Trading Down 1.5%

The company has a quick ratio of 0.58, a current ratio of 1.31 and a debt-to-equity ratio of 176.57. The firm has a market capitalization of C$171.25 million, a price-to-earnings ratio of 3.20, a P/E/G ratio of 0.23 and a beta of 1.57. The business has a 50-day moving average of C$6.32 and a two-hundred day moving average of C$7.89.

Insider Transactions at Gran Tierra Energy

In other news, Director David Paul Smith sold 4,798 shares of the stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of C$7.38, for a total value of C$35,403.48. 3.32% of the stock is owned by insiders.

About Gran Tierra Energy

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.