Gran Tierra Energy (TSE:GTE – Get Free Report) (NYSEMKT:GTE) was upgraded by Raymond James Financial to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.
Gran Tierra Energy Stock Performance
Shares of GTE opened at C$7.93 on Thursday. The company has a market capitalization of C$203.29 million, a PE ratio of 3.80, a price-to-earnings-growth ratio of 0.23 and a beta of 1.57. Gran Tierra Energy has a one year low of C$4.76 and a one year high of C$14.23. The company has a debt-to-equity ratio of 176.57, a current ratio of 1.31 and a quick ratio of 0.58. The company’s fifty day moving average price is C$6.65 and its 200 day moving average price is C$7.76.
Insider Buying and Selling
In other news, Director David Paul Smith sold 4,798 shares of the business’s stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of C$7.38, for a total transaction of C$35,403.48. Insiders own 3.32% of the company’s stock.
Gran Tierra Energy Company Profile
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.
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