Free Trial

Raymond James Financial Begins Coverage on Gran Tierra Energy (NYSE:GTE)

Gran Tierra Energy logo with Energy background

Raymond James Financial began coverage on shares of Gran Tierra Energy (NYSE:GTE - Free Report) in a research report released on Friday, Marketbeat reports. The firm issued a market perform rating on the stock.

Several other equities analysts have also issued reports on GTE. Wall Street Zen lowered Gran Tierra Energy from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Stifel Nicolaus started coverage on Gran Tierra Energy in a report on Tuesday, May 13th. They issued a "buy" rating on the stock.

Get Our Latest Analysis on Gran Tierra Energy

Gran Tierra Energy Stock Performance

Shares of Gran Tierra Energy stock traded down $0.25 during trading on Friday, reaching $5.48. The company's stock had a trading volume of 533,582 shares, compared to its average volume of 293,046. Gran Tierra Energy has a one year low of $3.34 and a one year high of $10.40. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.19 and a current ratio of 1.31. The firm has a market cap of $193.60 million, a price-to-earnings ratio of 3.83 and a beta of 0.81. The business's fifty day moving average price is $4.84 and its 200-day moving average price is $5.46.

Insiders Place Their Bets

In related news, major shareholder Equinox Partners Investment Ma purchased 123,000 shares of the business's stock in a transaction dated Friday, April 4th. The shares were bought at an average price of $4.11 per share, with a total value of $505,530.00. Following the purchase, the insider now directly owns 1,855,436 shares in the company, valued at $7,625,841.96. This trade represents a 7.10% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. In the last quarter, insiders have bought 523,468 shares of company stock valued at $2,228,974. 6.45% of the stock is currently owned by corporate insiders.

Institutional Trading of Gran Tierra Energy

A number of large investors have recently made changes to their positions in the company. Quantbot Technologies LP bought a new position in Gran Tierra Energy during the 4th quarter worth about $35,000. Private Trust Co. NA acquired a new stake in Gran Tierra Energy in the 4th quarter valued at about $51,000. Lazard Asset Management LLC acquired a new stake in Gran Tierra Energy in the 4th quarter valued at about $81,000. Hsbc Holdings PLC acquired a new stake in Gran Tierra Energy in the 1st quarter valued at about $90,000. Finally, Payden & Rygel acquired a new stake in Gran Tierra Energy in the 4th quarter valued at about $145,000. Institutional investors own 31.70% of the company's stock.

Gran Tierra Energy Company Profile

(Get Free Report)

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.

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

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

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