Gran Tierra Energy Inc (AMEX: GTE)’s stock price has gone rise by 9.31 in comparison to its previous close of 7.20, however, the company has experienced a 14.39% increase in its stock price over the last five trading days. InvestorPlace reported 2024-04-02 that Finding opportunities that offer sizable returns is crucial in the always-changing world of investing. Micro-cap companies stick out among the wide range of alternatives as they frequently conceal unrealized potential and growth prospects.
Is It Worth Investing in Gran Tierra Energy Inc (AMEX: GTE) Right Now?
The price-to-earnings ratio for Gran Tierra Energy Inc (AMEX: GTE) is above average at 102.61x. The 36-month beta value for GTE is also noteworthy at 1.63. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for GTE is 31.36M, and at present, short sellers hold a 2.23% of that float. The average trading volume of GTE on April 03, 2024 was 408.67K shares.
GTE’s Market Performance
GTE stock saw an increase of 14.39% in the past week, with a monthly gain of 41.04% and a quarterly increase of 39.54%. The volatility ratio for the week is 3.83%, and the volatility levels for the last 30 days are 3.51% for Gran Tierra Energy Inc (GTE). The simple moving average for the past 20 days is 24.99% for GTE’s stock, with a 30.94% simple moving average for the past 200 days.
GTE Trading at 38.86% from the 50-Day Moving Average
After a stumble in the market that brought GTE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.87% of loss for the given period.
Volatility was left at 3.51%, however, over the last 30 days, the volatility rate increased by 3.83%, as shares surge +46.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +61.93% upper at present.
During the last 5 trading sessions, GTE rose by +14.39%, which changed the moving average for the period of 200-days by +48.21% in comparison to the 20-day moving average, which settled at $6.42. In addition, Gran Tierra Energy Inc saw 39.54% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GTE starting from Royal Ronald, who sale 5,500 shares at the price of $6.46 back on Nov 07 ’23. After this action, Royal Ronald now owns 19,967 shares of Gran Tierra Energy Inc, valued at $35,530 using the latest closing price.
Stock Fundamentals for GTE
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.58 for the gross margin
The net margin for Gran Tierra Energy Inc stands at -0.01. The total capital return value is set at 0.11. Equity return is now at value -1.54, with -0.47 for asset returns.
Based on Gran Tierra Energy Inc (GTE), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.41. The debt to equity ratio resting at 1.4. The interest coverage ratio of the stock is 2.27.
Currently, EBITDA for the company is 389.7 million with net debt to EBITDA at 1.27. When we switch over and look at the enterprise to sales, we see a ratio of 1.17. The receivables turnover for the company is 51.54for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.43.
Conclusion
In summary, Gran Tierra Energy Inc (GTE) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
