BidaskClub Upgrades Gran Tierra Energy Inc. (GTE) to Hold

Gran Tierra Energy Inc. (NYSEAMERICAN:GTE) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Saturday, November 4th.

Separately, ValuEngine raised shares of Gran Tierra Energy from a “sell” rating to a “hold” rating in a research report on Monday, October 2nd.

Gran Tierra Energy (NYSEAMERICAN:GTE) traded up $0.03 during trading on Friday, reaching $2.17. 1,692,400 shares of the company’s stock were exchanged, compared to its average volume of 1,463,328. Gran Tierra Energy has a 52-week low of $1.93 and a 52-week high of $3.12.

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A hedge fund recently raised its stake in Gran Tierra Energy stock. California Public Employees Retirement System grew its stake in shares of Gran Tierra Energy Inc. (NYSEAMERICAN:GTE) by 19.1% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,913,047 shares of the company’s stock after buying an additional 307,247 shares during the period. California Public Employees Retirement System owned approximately 0.49% of Gran Tierra Energy worth $4,362,000 as of its most recent filing with the SEC.

About Gran Tierra Energy

Gran Tierra Energy Inc is an energy company engaged in oil and gas acquisition, exploration, development and production. The Company focuses on onshore oil and gas properties in Colombia, and also own rights to oil and gas properties in Brazil and Peru. Its segments are Colombia, Peru and Brazil based on geographic organization.

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