Gran Tierra Energy (LON:GTE) Sets New 1-Year High – Time to Buy?

Gran Tierra Energy Inc. (LON:GTEGet Free Report)’s stock price hit a new 52-week high on Friday . The company traded as high as GBX 646.90 and last traded at GBX 646.91, with a volume of 5289 shares traded. The stock had previously closed at GBX 605.

Gran Tierra Energy Price Performance

The stock has a market cap of £228.33 million, a PE ratio of -2.52, a P/E/G ratio of 0.23 and a beta of 0.41. The firm’s 50 day moving average price is GBX 438.65 and its two-hundred day moving average price is GBX 354.06.

Insider Activity at Gran Tierra Energy

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

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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