Gran Tierra Energy Inc (AMEX:GTE) shares traded 6.32% higher at $7.07 on Wall Street last session.
GTE stock price is now 9.69% away from the 50-day moving average and -8.65% away from the 200-day moving average. The market capitalization of the company currently stands at $256.33M.
, while ‘Peel Hunt’ rates the stock as ‘Buy’
In other news, Royal Ronald, Director sold 19,967 shares of the company’s stock on Dec 02 ’24. The stock was sold for $137,373 at an average price of $6.88. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 30 ’24, Chief Financial Officer Ellson Ryan bought 12,000 shares of the business’s stock. A total of $75,480 was incurred on buying the stock at an average price of $6.29. This leaves the insider owning 94,666 shares of the company worth $0.67 million. A total of 2.93% of the company’s stock is owned by insiders.
During the past 12 months, Gran Tierra Energy Inc has had a low of $4.72 and a high of $10.40. As of last week, the company has a debt-to-equity ratio of 1.80, a current ratio of 1.31, and a quick ratio of 1.19. According to the stock market information, the enterprise value for the company is $680043904, which is based on a 4.91 price-to-earnings ratio, a 0.49 price-to-earnings-growth ratio, and a beta of 1.57. The fifty day moving average price for GTE is $6.4364 and a two-hundred day moving average price translates $7.7332 for the stock.
The latest earnings results from Gran Tierra Energy Inc (AMEX: GTE) was released for 2024-09-30. The net profit margin was 7.17% and return on equity was 11.07% for GTE. The company reported revenue of $151.37 million for the quarter, compared to $179.92 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -15.87 percent.
