Gran Tierra Energy Inc. [AMEX: GTE] closed the trading session at $1.15 on 07/18/22. The day’s price range saw the stock hit a low of $1.11, while the highest price level was $1.20. The company report on July 11, 2022 that Gran Tierra Energy Inc. Provides Operations and Financial Update.
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Achieved Total Average Production of 30,607 BOPD During Second Quarter 2022, The Highest Since 2019.
Second Quarter 2022 Total Average Production Up 4% from First Quarter 2022 and 25% from Second Quarter 2021.
The stocks have a year to date performance of 51.10 percent and weekly performance of 5.50 percent. The stock has been moved at 37.53 percent over the last six months. The stock has performed -31.14 percent around the most recent 30 days and changed -33.14 percent over the most recent 3-months.
If compared to the average trading volume of 8.13M shares, GTE reached to a volume of 8899312 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Gran Tierra Energy Inc. [GTE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GTE shares is $2.51 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GTE stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Canaccord Genuity have made an estimate for Gran Tierra Energy Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 18, 2022. The new note on the price target was released on March 10, 2021, representing the official price target for Gran Tierra Energy Inc. stock.
The Average True Range (ATR) for Gran Tierra Energy Inc. is set at 0.11, with the Price to Sales ratio for GTE stock in the period of the last 12 months amounting to 1.15. The Price to Book ratio for the last quarter was 1.02. Price to Free Cash Flow for GTE in the course of the last twelve months was 2.72 with Quick ratio for the last quarter at 0.60.
GTE stock trade performance evaluation
Gran Tierra Energy Inc. [GTE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.50. With this latest performance, GTE shares dropped by -31.14% in over the last four-week period, additionally plugging by 37.53% over the last 6 months – not to mention a rise of 85.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GTE stock in for the last two-week period is set at 42.19, with the RSI for the last a single of trading hit 46.47, and the three-weeks RSI is set at 41.87 for Gran Tierra Energy Inc. [GTE]. The present Moving Average for the last 50 days of trading for this stock 1.4578, while it was recorded at 1.0860 for the last single week of trading, and 1.1986 for the last 200 days.
Gran Tierra Energy Inc. [GTE]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Gran Tierra Energy Inc. [GTE] shares currently have an operating margin of +32.50 and a Gross Margin at +40.15. Gran Tierra Energy Inc.’s Net Margin is presently recorded at +8.97.
Return on Equity for this stock inclined to 15.20, with Return on Assets sitting at 3.55.
Gran Tierra Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.60.
Earnings per share (EPS) analysis for Gran Tierra Energy Inc. [GTE] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GTE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Gran Tierra Energy Inc. go to 14.30%.
Gran Tierra Energy Inc. [GTE]: Insider Ownership positions
There are presently around $103 million, or 22.06% of GTE stock, in the hands of institutional investors. The top three institutional holders of GTE stocks are: GMT CAPITAL CORP with ownership of 24,381,412, which is approximately -10.88% of the company’s market cap and around 2.30% of the total institutional ownership; ROYAL BANK OF CANADA, holding 12,270,521 shares of the stock with an approximate value of $13.25 million in GTE stocks shares; and TWO SIGMA INVESTMENTS, LP, currently with $8.97 million in GTE stock with ownership of nearly 175.635% of the company’s market capitalization.
Positions in Gran Tierra Energy Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 53 institutional holders increased their position in Gran Tierra Energy Inc. [AMEX:GTE] by around 40,224,788 shares. Additionally, 24 investors decreased positions by around 13,658,342 shares, while 18 investors held positions by with 41,793,636 shares. The mentioned changes placed institutional holdings at 95,676,766 shares, according to the latest SEC report filing. GTE stock had 25 new institutional investments in for a total of 15,964,018 shares, while 10 institutional investors sold positions of 3,626,041 shares during the same period.