Gran Tierra Energy Inc. (GTE)’s stock is trading at $1.19 at the moment marking a fall of -3.32% from the last session close. As of this writing, shares are priced at -44.69% less than their 52-week high of $2.15, and 88.25% over their 52-week low of $0.63. Based on the past 30-day period, the stock price is -15.96% below the high and +6.76% above the low.
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The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, GTE’s SMA-200 is $1.4021.
Further, it is important to consider GTE stock ratios, particularly its price-to-sales ratio over the past twelve months, which stands at 0.64.Likewise, its price to free cash flow for the last twelve months stands at 1.72.
How does Gran Tierra Energy Inc. (GTE) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 3 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.67 in simple terms.
Gran Tierra Energy Inc. (GTE): Earnings History
If we examine Gran Tierra Energy Inc.’s recent earnings history, in the last quarter ended on 6/29/2022, it posted adjusted earnings per share of $0.19, slashing the consensus of $0.07. In other words, it topped the consensus by $0.12, resulting in a 171.40% surprise. In the 3 months period before the previous quarter which was closed on 6/29/2022, the stock recorded adjusted earnings per share of $0.19 in contrast with the Outlook of $0.07. That was a difference of $0.12 and a surprise of 171.40%.
Gran Tierra Energy Inc. (AMEX: GTE) Ownership Details
I will give a breakdown of the key shareholders in Gran Tierra Energy Inc. (GTE). Recent figures show that the company’s insiders hold 2.32% of shares. A total of 158 institutional investors hold shares in the company, making 33.94% of its stock and 34.75% of its float.
Jun 29, 2022, it was reported that the Company’s largest institutional holder is GMT Capital Corp holding total of 20.95 million shares that make 5.68% of the company’s total number of shares and are currently priced at 24.09 million.
The securities firm Royal Bank of Canada holds 17.5 million shares of GTE, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 4.74%, and the holding percentage of shares is valued at 20.12 million.
An overview of Gran Tierra Energy Inc.’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Gran Tierra Energy Inc. (GTE) traded 6,164,491 shares per day, with a moving average of $1.2708 and price change of -0.11. With the moving average of $1.2879 and a price change of -0.32, about 6,242,756 shares changed hands on average over the past 50 days. Finally, GTE’s 100-day average volume is 5,774,358 shares, alongside a moving average of $1.2668 and a price change of +0.09.