Gran Tierra Energy (LON:GTE) Reaches New 1-Year High – Here’s What Happened

Gran Tierra Energy Inc. (LON:GTEGet Free Report) shares reached a new 52-week high during trading on Friday . The company 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 Up 9.8%

The company has a fifty day simple moving average of GBX 465.55 and a two-hundred day simple moving average of GBX 365.14. The stock has a market capitalization of £236.48 million, a P/E ratio of -2.61, a price-to-earnings-growth ratio of 0.23 and a beta of 0.41.

Insider Activity

In other Gran Tierra Energy news, insider Gary Guidry purchased 761 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were bought at an average price of GBX 561 per share, with a total value of £4,269.21. 48.21% of the stock is owned by company 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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