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Gran Tierra Energy Inc (GTE) Stock: Uncovering 52-Week Market Trends

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Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Gran Tierra Energy Inc’s current trading price is -34.90% away from its 52-week high, while its distance from the 52-week low is 43.43%. The stock’s price range over this period has fluctuated between $4.72 and $10.40. The company, operating within the financial sector, had a trading volume of approximately 0.88 million for the day, which was noticeably higher than the average daily share volume of 0.3 million over the last 3 months.

Gran Tierra Energy Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $10.40 on 06/27/24 and the lowest value was $4.72 on 01/19/24.

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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Gran Tierra Energy Inc (GTE) has experienced a quarterly decline of -11.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 246.83M and boasts a workforce of 351 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.21, with a change in price of -2.89. Similarly, Gran Tierra Energy Inc recorded 287,314 in trading volume during the last 100 days, posting a change of -29.92%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GTE stands at 1.80. Similarly, the long-term debt-to-equity ratio is also 1.71.

GTE Stock Stochastic Average

Today, Gran Tierra Energy Inc’s raw stochastic average for the past 50 days stands at 79.23%, indicating a rise from the raw stochastic average of the last 20 days, which was 79.23%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 34.78% and 27.59% respectively.

GTE Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 20.04%. However, over the past six months, we’ve seen a stronger performance of -26.09%. The price of GTE fallen by 7.12% over the last 30 days. And in the last five days, it has surged by 9.72%.

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