Gran Tierra Energy (LON:GTE) Sets New 12-Month High – Should You Buy?

Shares of Gran Tierra Energy Inc. (LON:GTEGet Free Report) hit a new 52-week high on Friday . The stock traded as high as GBX 646.90 and last traded at GBX 646.91, with a volume of 5289 shares traded. The stock had previously closed at GBX 605.

Gran Tierra Energy Trading Up 6.9%

The company has a 50-day moving average of GBX 432.19 and a 200-day moving average of GBX 351.21. The company has a market capitalization of £228.33 million, a price-to-earnings ratio of -2.52, a price-to-earnings-growth ratio of 0.23 and a beta of 0.41.

Insider Activity

In related news, insider Gary Guidry acquired 761 shares of the business’s stock in a transaction dated Tuesday, February 17th. The shares were purchased at an average price of GBX 561 per share, for a total transaction of £4,269.21. 48.21% of the stock is currently owned by company insiders.

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.

Further Reading

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