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

Gran Tierra Energy Inc. (LON:GTEGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 625.50 and last traded at GBX 570, with a volume of 11775 shares. The stock had previously closed at GBX 530.

Gran Tierra Energy Price Performance

The firm has a market capitalization of £201.19 million, a price-to-earnings ratio of -2.22, a PEG ratio of 0.23 and a beta of 1.58. The business’s fifty day simple moving average is GBX 383.37 and its 200 day simple moving average is GBX 333.95.

Insider Activity at Gran Tierra Energy

In other news, insider Gary Guidry bought 761 shares of the stock in a transaction dated Tuesday, February 17th. The shares were bought at an average cost of GBX 561 per share, with a total value of £4,269.21. 48.20% of the stock is currently owned by corporate insiders.

Gran Tierra Energy Company Profile

(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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