Gran Tierra Energy Inc. (NYSE:GTE – Get Free Report) CFO Ryan Ellson purchased 12,000 shares of Gran Tierra Energy stock in a transaction dated Monday, September 30th. The stock was acquired at an average price of $6.29 per share, with a total value of $75,480.00. Following the acquisition, the chief financial officer now owns 94,666 shares in the company, valued at approximately $595,449.14. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Gran Tierra Energy Stock Up 4.1 %
Shares of Gran Tierra Energy stock traded up $0.26 on Tuesday, reaching $6.53. The stock had a trading volume of 361,440 shares, compared to its average volume of 346,662. The company has a quick ratio of 0.63, a current ratio of 0.75 and a debt-to-equity ratio of 1.38. The stock has a market cap of $204.60 million, a PE ratio of 62.70 and a beta of 1.56. The firm’s 50 day moving average price is $7.43. Gran Tierra Energy Inc. has a 1 year low of $4.72 and a 1 year high of $10.40.
Gran Tierra Energy (NYSE:GTE – Get Free Report) last released its quarterly earnings results on Wednesday, July 31st. The company reported $1.16 earnings per share (EPS) for the quarter. The business had revenue of $165.61 million for the quarter. Gran Tierra Energy had a net margin of 7.68% and a return on equity of 12.60%.
Institutional Inflows and Outflows
Analyst Upgrades and Downgrades
Separately, StockNews.com cut Gran Tierra Energy from a “strong-buy” rating to a “buy” rating in a research note on Monday, August 5th.
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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