Gran Tierra Energy (LON:GTE) Insider Acquires 394 Shares of Stock

Gran Tierra Energy Inc. (LON:GTE) insider Gary Guidry bought 394 shares of the company’s stock in a transaction on Thursday, September 17th. The shares were purchased at an average cost of GBX 1,059 per share, for a total transaction of £4,172.46.

Gran Tierra Energy Stock Performance

Shares of Gran Tierra Energy stock remained flat at GBX 766 during trading on Monday. 768 shares of the stock traded hands, compared to its average volume of 2,754. The business’s fifty day simple moving average is GBX 629.14 and its two-hundred day simple moving average is GBX 586.73. The firm has a market cap of £271.01 million, a P/E ratio of -1.06, a PEG ratio of 0.23 and a beta of 0.16. Gran Tierra Energy Inc. has a 1-year low of GBX 270 and a 1-year high of GBX 848.

Wall Street Analyst Weigh In

Separately, Peel Hunt restated a “buy” rating and set a GBX 1,119 price target on shares of Gran Tierra Energy in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 1,119.

About Gran Tierra Energy

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.