Gran Tierra Energy (LON:GTE) Reaches New 12-Month High – Here’s What Happened

Gran Tierra Energy Inc. (LON:GTEGet Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 670 and last traded at GBX 670, with a volume of 933 shares trading hands. The stock had previously closed at GBX 610.

Gran Tierra Energy Stock Performance

The stock’s 50 day simple moving average is GBX 459.51 and its 200 day simple moving average is GBX 361.99. The firm has a market cap of £236.48 million, a PE ratio of -2.61, a PEG ratio of 0.23 and a beta of 0.41.

Insider Transactions at Gran Tierra Energy

In other news, insider Gary Guidry bought 761 shares of Gran Tierra Energy stock in a transaction that occurred on Tuesday, February 17th. The shares were acquired at an average price of GBX 561 per share, with a total value of £4,269.21. Company insiders own 48.21% of the company’s stock.

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.

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