Gran Tierra Energy (TSE:GTE) Trading Down 15.1% – What’s Next?

Shares of Gran Tierra Energy Inc. (TSE:GTE) (NYSEMKT:GTE) fell 15.1% during trading on Thursday . The stock traded as low as C$5.42 and last traded at C$5.46. 119,527 shares traded hands during trading, an increase of 150% from the average session volume of 47,867 shares. The stock had previously closed at C$6.43.

Gran Tierra Energy Stock Performance

The firm has a market cap of C$195.54 million, a price-to-earnings ratio of -2.16, a price-to-earnings-growth ratio of 0.23 and a beta of 0.96. The stock’s 50 day moving average is C$5.97 and its 200 day moving average is C$6.11. The company has a current ratio of 1.31, a quick ratio of 0.58 and a debt-to-equity ratio of 176.57.

Gran Tierra Energy (TSE:GTE) (NYSEMKT:GTE) last issued its quarterly earnings data on Thursday, October 30th. The company reported C($0.57) earnings per share (EPS) for the quarter. Gran Tierra Energy had a return on equity of 11.08% and a net margin of 7.17%.The company had revenue of C$207.82 million for the quarter. Analysts anticipate that Gran Tierra Energy Inc. will post 0.1092044 earnings per share for the current year.

Gran Tierra Energy Company Profile

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.