Gran Tierra Energy Inc. (NYSE:GTE – Get Free Report) CFO Ryan Ellson bought 12,000 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The stock was purchased at an average price of $6.29 per share, for a total transaction of $75,480.00. Following the transaction, the chief financial officer now owns 94,666 shares of the company’s stock, valued at $595,449.14. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Gran Tierra Energy Stock Performance
Gran Tierra Energy stock traded up $0.26 during midday trading on Tuesday, hitting $6.53. 361,440 shares of the company were exchanged, compared to its average volume of 346,662. The stock’s fifty day simple moving average is $7.43. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.75 and a quick ratio of 0.63. The company has a market cap of $204.60 million, a price-to-earnings ratio of 62.70 and a beta of 1.56. Gran Tierra Energy Inc. has a fifty-two week low of $4.72 and a fifty-two week high of $10.40.
Gran Tierra Energy (NYSE:GTE – Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $1.16 EPS for the quarter. Gran Tierra Energy had a net margin of 7.68% and a return on equity of 12.60%. The business had revenue of $165.61 million for the quarter.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of Gran Tierra Energy from a “strong-buy” rating to a “buy” rating in a report on Monday, August 5th.
Read Our Latest Research Report on Gran Tierra Energy
Gran Tierra Energy Company Profile
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.
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