Gran Tierra Energy Inc. (AMEX:GTE) has a beta of 2.43. The stock’s Relative Strength Index (RSI) is 68.04, with weekly volatility at 9.05% and ATR at 0.10. The GTE stock’s 52-week price range has touched low of $0.18 and a $1.23 high. Its shares traded higher over the last trading session, gaining 1.68% on 02/22/21. The shares fell to a low of $0.92 before closing at $0.97. Intraday shares traded counted 21.45 million, which was 14.62% higher than its 30-day average trading volume of 25.13M. GTE’s previous close was $0.95 while the outstanding shares total 366.98M.
Investors have identified the Oil & Gas E&P company Gran Tierra Energy Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $347.05 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Gran Tierra Energy Inc. (GTE) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 121.97 million total, with 72.06 million as their total liabilities.
Is the stock of GTE attractive?
In related news, 10% Owner, GMT CAPITAL CORP sold 161,100 shares of the company’s stock in a transaction that recorded on Feb 18. The sale was performed at an average price of 0.93, for a total value of 149,823. As the sale deal closes, the 10% Owner, GMT CAPITAL CORP now sold 880,300 shares of the company’s stock, valued at 889,103. Also, 10% Owner, GMT CAPITAL CORP sold 1,041,400 shares of the company’s stock in a deal that was recorded on Feb 16. The shares were price at an average price of 1.08 per share, with a total market value of 1,124,712. Following this completion of acquisition, the 10% Owner, GMT CAPITAL CORP now holds 1,541,400 shares of the company’s stock, valued at 1,556,814. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.50%.