Gran Tierra Energy (LON:GTE) Trading Up 1.8% - Time to Buy?
Gran Tierra Energy's stock (LON:GTE) rose 1.8% to GBX 346, with a market cap of £122.12 million. Despite a decline in trading volume, the stock's P/E ratio is -1.35, indicating potential risk. Analysts suggest other stocks may be better investments, as Gran Tierra holds a 'Hold' rating. The company operates in oil and gas exploration in Colombia and Ecuador.
Gran Tierra Energy Inc. (LON:GTE - Get Free Report)'s share price shot up 1.8% on Wednesday . The company traded as high as GBX 349 and last traded at GBX 346. 532 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 1,939 shares. The stock had previously closed at GBX 340.
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Gran Tierra Energy Stock Up 1.8%
The stock has a market capitalization of £122.12 million, a P/E ratio of -1.35, a price-to-earnings-growth ratio of 0.23 and a beta of 1.58. The business's 50 day simple moving average is GBX 315.38 and its two-hundred day simple moving average is GBX 325.49.
About Gran Tierra Energy
(Get Free Report)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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