Gran Tierra Energy Inc. (TSE:GTE – Get Free Report) (NYSEMKT:GTE) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$11.39 and traded as low as C$8.60. Gran Tierra Energy shares last traded at C$9.17, with a volume of 45,819 shares changing hands.
Analyst Ratings Changes
Separately, Royal Bank of Canada decreased their target price on Gran Tierra Energy from C$11.00 to C$10.00 in a research note on Tuesday, September 17th.
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Gran Tierra Energy Trading Up 6.0 %
Gran Tierra Energy (TSE:GTE – Get Free Report) (NYSEMKT:GTE) last posted its quarterly earnings data on Wednesday, July 31st. The company reported C$0.85 earnings per share for the quarter. The company had revenue of C$121.04 million during the quarter. Gran Tierra Energy had a return on equity of 12.50% and a net margin of 7.68%. As a group, equities analysts expect that Gran Tierra Energy Inc. will post 0.4169525 earnings per share for the current year.
Gran Tierra Energy Company Profile
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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