Recommendation Trends of the Stock: Gran Tierra Energy, Inc. (NYSEMKT:GTE)

Gran Tierra Energy, Inc. (NYSEMKT:GTE) jumped 0.76 percent and ended the day at $2.66. The Average Volume of the company is 1.74 Million and P/E (price to earnings) ratio is 0, while Forward P/E ratio is 14.15.

Credit Suisse Upgrade its coverage for Gran Tierra Energy, Inc. (NYSEMKT:GTE) in a note sent to investors on 10-Feb-17. The research firm Upgrade the stock to Outperform. Moreover, Citigroup issued Upgrade rating for the stock on 4-Nov-16. RBC Capital Mkts also Upgrade the company to Top Pick on 20-Jun-16, 2016. Additionally, Goldman Upgrade its ratings on the stock to Neutral.

The highest price GTE stock touched in the last 12 month was $3.49 and the lowest price it hit in the same period was $2.26. The stock has a Return on Assets of -36.1 percent, Return on Investment of -44.1 percent and a Return on Equity of -51.3 percent. The company’s market cap is $1.06 Billion.

Gran Tierra Energy, Inc. (NYSEMKT:GTE)’s growth estimate is 106.7 percent for the current quarter. The growth estimate for the next quarter is 114.3 percent. The company’s stock has climbed 7.71 percent in the past five year. The company is expected to grow by 10 percent over the next five years.

Price Target is an important factor while doing analysis of a stock. According to 7 analysts, Price Target for Gran Tierra Energy, Inc. (NYSEMKT:GTE) may hit a high of $4.88. The average and low price target for the stock are $4.14 and $2.9, respectively.

Now we look at the Moving Averages, the 200-day is -8.3, the 50-day is -2.22 and the 20-day is 0.97. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.

Looking forward, the company is expected to report earnings of $0.01 per share for the current quarter. Revenue is expected in between 138 Million and 91.57 Million with an average of 110.99 Million.

When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 1.6. Out of 8 brokerage recommendations, 3 gave a Strong Buy, 3 issued a Buy, 2 issued Hold, 0 rated Under-perform and 0 issued a Sell.

Gran Tierra Energy, Inc. (NYSEMKT:GTE) performance during the last one year Degraded -5 percent, while its year to date (YTD) performance showed a Negative trend of -11.92 percent. The stock Fell -5.67 percent over the past six months. The stock’s quarterly performance indicates a Negative momentum of -8.59 percent, whereas its last one month trend is Optimistic with 2.31 percent. Its weekly performance showed upward trend of 1.92 percent.

Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at 0 percent, operating profit margin was 0 percent, whereas gross profit margin stands at 89.1 percent. Beta factor was calculated at 0.73.

Gran Tierra Energy, Inc. (NYSEMKT:GTE) has 380.45 Million shares outstanding and 371.57 Million shares were floated in market. The short ratio in the company’s stock is documented at 2.75 and the short float is around of 1.29%. The stock’s average true range of stands at 0.1, while the relative strength index is 47.77.

Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 0.8, current ratio was 0.8, LT Debt/Equity ratio was 0.23 and Total Debt/Equity ratio was 0.