For the readers interested in the stock health of Gran Tierra Energy Inc. (GTE). It is currently valued at $0.70. When the transactions were called off in the previous session, Stock hit the highs of $0.69, after setting-off with the price of $0.65. Company’s stock value dipped to $0.65 during the trading on the day. When the trading was stopped its value was $0.67.
Recently in News on May 5, 2021, Gran Tierra Energy Inc. Announces Adjournment of Virtual Annual Meeting of Stockholders until June 2, 2021 and Encourages All Shareholders to Vote. Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced that after convening the Company’s 2021 Annual Meeting of Stockholders (“the Annual Meeting”) virtually on Wednesday, May 5, 2021 at 1:30 p.m. (Mountain Time), Gran Tierra adjourned the Annual Meeting until Wednesday, June 2, 2021 at 1:30 p.m. (Mountain Time). Due to the COVID-19 pandemic and to mitigate the risks to the health and safety of our community, stockholders and employees, Gran Tierra will be also be holding its rescheduled Annual Meeting in a virtual-only format by way of webcast and no physical or in-person meeting will be held. You can read further details here
Gran Tierra Energy Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.2300 on 02/11/21, with the lowest value was $0.3521 for the same time period, recorded on 01/04/21.
Gran Tierra Energy Inc. (GTE) full year performance was 106.20%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Gran Tierra Energy Inc. shares are logging -43.24% during the 52-week period from high price, and 287.46% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.18 and $1.23.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1375004 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Gran Tierra Energy Inc. (GTE) recorded performance in the market was 83.70%, having the revenues showcasing -18.53% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 247.59M, as it employees total of 322 workers.
Analysts verdict on Gran Tierra Energy Inc. (GTE)
During the last month, 2 analysts gave the Gran Tierra Energy Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 6 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.6642, with a change in the price was noted +0.3216. In a similar fashion, Gran Tierra Energy Inc. posted a movement of +86.41% for the period of last 100 days, recording 18,210,766 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for GTE is recording 3.47 at the time of this writing. In addition, long term Debt to Equity ratio is set at 3.47.
Gran Tierra Energy Inc. (GTE): Technical Analysis
Raw Stochastic average of Gran Tierra Energy Inc. in the period of last 50 days is set at 46.02%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 59.07%. In the last 20 days, the company’s Stochastic %K was 53.72% and its Stochastic %D was recorded 58.56%.
Let’s take a glance in the erstwhile performances of Gran Tierra Energy Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 83.70%. Additionally, trading for the stock in the period of the last six months notably improved by 236.00%, alongside a boost of 106.20% for the period of the last 12 months. The shares increased approximately by -0.25% in the 7-day charts and went down by 1.84% in the period of the last 30 days. Common stock shares were lifted by -18.53% during last recorded quarter.