Shares of Gran Tierra Energy Inc. (LON:GTE – Get Free Report) reached a new 52-week high during mid-day trading on Monday after an insider bought additional shares in the company. The company traded as high as GBX 482.50 and last traded at GBX 442.60, with a volume of 7220 shares trading hands. The stock had previously closed at GBX 448.80.
Specifically, insider Gary Guidry acquired 761 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were bought at an average cost of GBX 561 per share, with a total value of £4,269.21.
Gran Tierra Energy Price Performance
The firm has a market cap of £156.22 million, a price-to-earnings ratio of -1.72, a P/E/G ratio of 0.23 and a beta of 1.58. The firm has a fifty day simple moving average of GBX 354.41 and a two-hundred day simple moving average of GBX 323.34.
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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