In last trading session, Gran Tierra Energy Inc. (AMEX:GTE) saw 7.0 million shares changing hands with its beta currently measuring 1.73. Company’s recent per share price level of $1.33 trading at -$0.03 or -2.21% at ring of the bell on the day assigns it a market valuation of $511.33M. That closing price of GTE’s stock is at a discount of -61.65% from its 52-week high price of $2.15 and is indicating a premium of 57.89% from its 52-week low price of $0.56. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.17 million shares which gives us an average trading volume of 5.92 million if we extend that period to 3-months.
For Gran Tierra Energy Inc. (GTE), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.20. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.06 in the current quarter.
Gran Tierra Energy Inc. (AMEX:GTE) trade information
Upright in the red during last session for losing -2.21%, in the last five days GTE remained trading in the red while hitting it’s week-highest on Thursday, 09/15/22 when the stock touched $1.33 price level, adding 12.21% to its value on the day. Gran Tierra Energy Inc.’s shares saw a change of 74.75% in year-to-date performance and have moved -11.33% in past 5-day. Gran Tierra Energy Inc. (AMEX:GTE) showed a performance of 11.76% in past 30-days. Number of shares sold short was 3.83 million shares which calculate 0.51 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $2.54 to the stock, which implies a rise of 47.64% to its current value. Analysts have been projecting $1.69 as a low price target for the stock while placing it at a high target of $4.80. It follows that stock’s current price would drop -260.9% in reaching the projected high whereas dropping to the targeted low would mean a loss of -27.07% for stock’s current value.
Gran Tierra Energy Inc. (GTE) estimates and forecasts
The company is estimating its revenue growth to increase by 200.00% in the current quarter and calculating -7.70% decrease in the next quarter. This year revenue growth is estimated to rise 46.10% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $110k for the same. And 1 analysts are in estimates of company making revenue of $110k in the next quarter that will end on Sep 2022.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 37.76% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 280.00% while estimates for its earnings growth in next 5 years are of 14.30%.
Gran Tierra Energy Inc. is more likely to be releasing its next quarterly report between November 01 and November 05 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Gran Tierra Energy Inc. (AMEX:GTE)’s Major holders
Insiders are in possession of 2.31% of company’s total shares while institution are holding 27.74 percent of that, with stock having share float percentage of 28.39%. Investors also watch the number of corporate investors in a company very closely, which is 27.74% institutions for Gran Tierra Energy Inc. that are currently holding shares of the company. GMT Capital Corp is the top institutional holder at GTE for having 24.38 million shares of worth $38.28 million. And as of Mar 30, 2022, it was holding 6.62% of the company’s outstanding shares.
The second largest institutional holder is Royal Bank of Canada, which was holding about 12.27 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 3.33% of outstanding shares, having a total worth of $19.26 million.
On the other hand, DFA International Small Cap Value Portfolio and DFA International Core Equity Portfolio are the top two Mutual Funds which own company’s shares. As of Apr 29, 2022, the former fund manager was holding 6.57 million shares of worth $10.65 million or 1.78% of the total outstanding shares. The later fund manager was in possession of 1.92 million shares on Apr 29, 2022, making its stake of worth around $3.11 million in the company or a holder of 0.52% of company’s stock.