Gran Tierra Energy (LON:GTE) Insider Acquires £4,172.46 in Stock

Gran Tierra Energy Inc. (LON:GTEGet Free Report) insider Gary Guidry purchased 394 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The stock was bought at an average cost of GBX 1,059 per share, for a total transaction of £4,172.46.

Gran Tierra Energy Stock Performance

LON:GTE opened at GBX 705 on Thursday. The company has a fifty day moving average of GBX 646.54 and a two-hundred day moving average of GBX 592.37. The stock has a market capitalization of £249.43 million, a PE ratio of -0.98, a P/E/G ratio of 0.23 and a beta of 0.16. Gran Tierra Energy Inc. has a fifty-two week low of GBX 270 and a fifty-two week high of GBX 848.

Analyst Upgrades and Downgrades

Separately, Peel Hunt reissued a “buy” rating and set a GBX 1,119 target price on shares of Gran Tierra Energy in a research note on Wednesday, August 5th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 1,119.

Check Out Our Latest Research Report on GTE

About Gran Tierra Energy

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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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