Gran Tierra Energy Inc. s trend and data analysis indicates that the stock price has dropped -11.62% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -16.61% . Looking at the past 52 week period, the stock price is down -1.95% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Gran Tierra Energy Inc. has a negative value of -12.84 compared to overall market performance.Gran Tierra Energy Inc. is having a Relative Strength Index of 44.94 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Gran Tierra Energy Inc. (NYSEMKT:GTE) rallied by 1.62% during the past week but lost 8.39% on a 4-week basis. The company has outperformed the S&P 500 by 1.38% in the past week but underperformed the index by 9.44% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. Gran Tierra Energy Inc. (NYSEMKT:GTE) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.06 points or 2.33% at $2.51 with 1,504,873 shares getting traded. Post opening the session at $2.6, the shares hit an intraday low of $2.51 and an intraday high of $2.6 and the price was in this range throughout the day. The company has a market cap of $981 million and the number of outstanding shares has been calculated to be 390,815,190 shares. The 52-week high of Gran Tierra Energy Inc. (NYSEMKT:GTE) is $3.49 and the 52-week low is $2.26.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Gran Tierra Energy was Upgraded by Credit Suisse to Outperform on Feb 10, 2017.
Company has reported several Insider transactions to the SEC, on Mar 14, 2017, Brooke N. Wade (director) purchased 142,600 shares at 2.59 per share price.On Dec 23, 2016, David Eldon Hardy (VP, Legal and General Counsel) purchased 9,000 shares at 2.84 per share price.On Dec 22, 2016, Ronald Royal (director) purchased 115,000 shares at 2.92 per share price.
Gran Tierra Energy Last issued its quarterly earnings results on Nov 7, 2016. The company reported $-0.21 EPS for the quarter, missing the analyst consensus estimate by $ -0.19. Analyst had a consensus of $-0.02. The company had revenue of $71.70 million for the quarter, compared to analysts expectations of $92.09 million. The companys revenue was down -5.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.36 EPS.
Gran Tierra Energy Inc. is an international oil and gas exploration and production company, headquartered in Calgary, Canada, incorporated and traded in the United States and operating in South America. Gran Tierra Energy holds interests in producing and prospective properties in Argentina, Colombia and Peru. The company strategy is focused on establishing a portfolio of drilling opportunities to exploit undeveloped reserves to grow production, as well as undertaking exploration to grow future reserves.