Gran Tierra Energy Inc. (TSE:GTE - Get Free Report) NYSEMKT: GTE shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$8.53 and traded as high as C$11.20. Gran Tierra Energy shares last traded at C$11.17, with a volume of 38,644 shares.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada raised their target price on Gran Tierra Energy from C$9.00 to C$10.00 and gave the stock a "sector perform" rating in a research report on Wednesday, March 13th.
Check Out Our Latest Stock Analysis on Gran Tierra Energy
Gran Tierra Energy Price Performance
The firm's fifty day moving average is C$8.53 and its 200 day moving average is C$8.23. The company has a market capitalization of C$359.08 million, a P/E ratio of -42.73, a P/E/G ratio of 0.13 and a beta of 1.63. The company has a debt-to-equity ratio of 143.10, a quick ratio of 0.58 and a current ratio of 0.43.
Gran Tierra Energy (TSE:GTE - Get Free Report) NYSEMKT: GTE last released its earnings results on Tuesday, February 20th. The company reported C$0.31 earnings per share for the quarter. The business had revenue of C$210.96 million for the quarter. Gran Tierra Energy had a negative return on equity of 1.54% and a negative net margin of 0.99%. As a group, analysts predict that Gran Tierra Energy Inc. will post 1.3317422 earnings per share for the current fiscal year.
Gran Tierra Energy Company Profile
(
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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
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