Gran Tierra Energy (TSE:GTE) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Posted by James Quigley on Mar 27th, 2025

Gran Tierra Energy Inc. (TSE:GTE – Get Free Report) (NYSEMKT:GTE) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$8.73 and traded as low as C$7.10. Gran Tierra Energy shares last traded at C$7.19, with a volume of 36,409 shares traded.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group set a C$12.00 price target on shares of Gran Tierra Energy and gave the stock a “buy” rating in a research note on Wednesday, November 27th.

View Our Latest Research Report on GTE

Gran Tierra Energy Stock Performance

The stock’s 50-day moving average price is C$7.84 and its 200-day moving average price is C$8.73. The company has a market capitalization of C$184.32 million, a price-to-earnings ratio of 3.44, a P/E/G ratio of 0.23 and a beta of 1.57. The company has a debt-to-equity ratio of 176.57, a quick ratio of 0.58 and a current ratio of 1.31.

Gran Tierra Energy Company Profile

(Get Free Report)

Gran Tierra Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development, and production of oil and gas properties in proven, under-explored hydrocarbon basins that have access to established infrastructure. The firm produces primarily light crude oil, supplemented with medium crude and natural gas.