Gran Tierra Energy (NYSE:GTE) Director Equinox Partners Investment Ma Buys 50,682 Shares

Gran Tierra Energy Inc. (NYSE:GTE) Director Equinox Partners Investment Ma purchased 50,682 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The shares were purchased at an average cost of $4.11 per share, with a total value of $208,303.02. Following the completion of the acquisition, the director directly owned 2,396,343 shares of the company’s stock, valued at $9,848,969.73. This represents a 2.16% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Equinox Partners Investment Ma also recently made the following trade(s):

• On Wednesday, November 12th, Equinox Partners Investment Ma purchased 115,131 shares of Gran Tierra Energy stock. The stock was acquired at an average cost of $4.32 per share, with a total value of $497,365.92.
• On Tuesday, November 11th, Equinox Partners Investment Ma acquired 15,777 shares of Gran Tierra Energy stock. The shares were acquired at an average cost of $4.33 per share, for a total transaction of $68,314.41.
• On Thursday, November 6th, Equinox Partners Investment Ma acquired 200,000 shares of Gran Tierra Energy stock. The stock was acquired at an average price of $4.07 per share, with a total value of $814,000.00.
• On Wednesday, November 5th, Equinox Partners Investment Ma bought 172,000 shares of Gran Tierra Energy stock. The shares were bought at an average price of $4.02 per share, for a total transaction of $691,440.00.
• On Tuesday, November 4th, Equinox Partners Investment Ma bought 276,000 shares of Gran Tierra Energy stock. The shares were bought at an average price of $3.79 per share, for a total transaction of $1,046,040.00.

Gran Tierra Energy Price Performance

Gran Tierra Energy stock traded up $0.11 during mid-day trading on Wednesday, reaching $4.45. The company had a trading volume of 767,934 shares, compared to its average volume of 331,074. The stock’s 50-day simple moving average is $4.11 and its 200-day simple moving average is $4.43. The company has a market capitalization of $157.07 million, a P/E ratio of 3.11 and a beta of 0.71. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.31 and a quick ratio of 1.19. Gran Tierra Energy Inc. has a 1 year low of $3.09 and a 1 year high of $8.19.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Quadrature Capital Ltd purchased a new position in Gran Tierra Energy during the 2nd quarter valued at about $56,000. Bank of America Corp DE increased its position in Gran Tierra Energy by 270.3% during the 2nd quarter. Bank of America Corp DE now owns 15,962 shares of the company’s stock worth $76,000 after purchasing an additional 11,651 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in shares of Gran Tierra Energy during the 1st quarter worth about $90,000. XTX Topco Ltd acquired a new position in shares of Gran Tierra Energy in the second quarter valued at approximately $92,000. Finally, Marshall Wace LLP purchased a new stake in shares of Gran Tierra Energy in the second quarter valued at $97,000. Hedge funds and other institutional investors own 31.70% of the company’s stock.

Gran Tierra Energy Company Profile

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.