Gran Tierra Energy (TSE:GTE) Share Price Crosses Above Fifty Day Moving Average of $8.53

Shares of Gran Tierra Energy Inc. (TSE:GTE) (NYSEMKT:GTE) crossed above its fifty day moving average during trading on Monday . The stock has a fifty 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 price objective on Gran Tierra Energy from C$9.00 to C$10.00 and gave the stock a “sector perform” rating in a report on Wednesday, March 13th.

Gran Tierra Energy Stock Up 0.1 %

The stock has a market cap of C$361.01 million, a price-to-earnings ratio of -42.96, a PEG ratio of 0.13 and a beta of 1.63. The company has a quick ratio of 0.58, a current ratio of 0.43 and a debt-to-equity ratio of 143.10. The stock has a fifty day moving average of C$8.53 and a two-hundred day moving average of C$8.23.

Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) last issued its earnings results on Tuesday, February 20th. The company reported C$0.31 earnings per share for the quarter. Gran Tierra Energy had a negative return on equity of 1.54% and a negative net margin of 0.99%. The firm had revenue of C$210.96 million for the quarter. As a group, analysts predict that Gran Tierra Energy Inc. will post 1.3317422 EPS for the current fiscal year.

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.