Gran Tierra Energy (NYSE:GTE – Get Free Report) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.
Gran Tierra Energy Price Performance
NYSE GTE opened at $5.62 on Tuesday. The company has a market cap of $172.25 million, a PE ratio of 3.93 and a beta of 1.49. The firm’s 50 day moving average price is $6.73 and its 200-day moving average price is $6.79. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.19 and a current ratio of 1.31. Gran Tierra Energy has a 52-week low of $5.01 and a 52-week high of $10.40.
Insider Buying and Selling at Gran Tierra Energy
In other Gran Tierra Energy news, Director Ronald Royal sold 19,967 shares of Gran Tierra Energy stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $6.88, for a total value of $137,372.96. The transaction was disclosed in a document filed with the SEC, which is available through this link. 6.45% of the stock is owned by insiders.
Institutional Trading of Gran Tierra Energy
About Gran Tierra Energy
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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