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What Are Analyst Opinions Regarding Gran Tierra Energy Inc. (GTE)?

How have the shares performed?

Gran Tierra Energy Inc. (GTE) saw an uptrend of 3.32% in the recent trading with $0.64 being its most recent. The current price level -48.14% lower than the highest price of $1.23 marked by the stock while trading over the past 52-weeks, whereas it is 254.00% higher than the lowest price of $0.18 the company dropped to over past 52-weeks. The latest news story on GTE appeared in Oilprice.com under the title “IEA Drops Bombshell Report On Oil And Gas” on May-18-21.

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Squeezing the time span to 30 day period shows us the stock is currently trading -22.21% below one month high and is +7.94% above of the lowest during that time. Looking into the simple moving average, Gran Tierra Energy Inc. (GTE)’s stock stands at a SMA-50 of $0.67 while that of 5-day is reading $0.62.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and GTE’s SMA-200 as of now is $0.48.

Gran Tierra Energy Inc. Earnings – What Happened With GTE

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Gran Tierra Energy Inc. (GTE) last released financial results for the quarter that ended 9/29/2018, posting a surprise factor of 63.60% for net revenue. During the reported three-month period, company’s sales were $95.49 billion while analysts on average were estimating the same to be $190.43 million.

GTE – Gran Tierra Energy Inc. Stock Earnings Estimates

The perspective of Gran Tierra Energy Inc. (AMEX:GTE)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.11 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 0.18.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 366.98 million. GTE does have institutional investors; and they hold 24.30% of the stock.

Gran Tierra Energy Inc. – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 18 new insider purchases involving 61,182 shares. On the other hand, GTE declared 33,460,247 shares have been sold in 62 insider transactions over the past three months.

As on Mar 30, 2021, GMT Capital Corp was the top most holder in Gran Tierra Energy Inc. (AMEX:GTE) with an ownership of 44.64 million shares of the company or 12.16% of the stake worth $31.24 million. The filing also reveals Bnp Paribas Asset Management Holding S.a. as the second largest holder in the company with a control over 3.12% of the outstanding shares. Its stake is worth $8.02 million for having 11.46 million shares in hand.

Arrowstreet Capital, Limited Partnership also came holding a key position in the company during the recent quarter and it now holds 1.64% of the outstanding shares. With this there are now 90 institutions which have possession in GTE’s shares.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Gran Tierra Energy Inc. was 1.18 while posting a debt to equity ratio of 3.46. The count was 301.43 for long-term debt to equity ratio.

Gran Tierra Energy Inc.’s return on equity, or ROE, is -189.00%, compared to the industry average of -3.73% for Energy – Oil & Gas E&P. Although this indicates that GTE fails to use its equity well, the metric will vary significantly depending on the industry.

Technical Analysis of Gran Tierra Energy Inc. (AMEX:GTE) stock

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To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Gran Tierra Energy Inc. (GTE), we notice that the stock’s 20-day average volume is at 5,072,625 shares and 50% of short term indicators are suggesting the stock as Sell. Its 50-day average volume of 5,034,708 shares. And to end, GTE’s 100-day average volume is 18,136,945 shares with 50% of the long-term indicators pointing towards Buy for the stock.

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