For its third fiscal quarter (ending September 30), Gran Tierra Energy Inc (NYSEAMERICAN: GTE) has reported a -80% decline in E.P.S. from $0.20 a year ago to $0.04 in the current quarter. For the latest four quarters through September 30, E.P.S. were $1.44 compared to $0.48 a year ago — an increase of 200%.
Recent Price Action
Gran Tierra Energy Inc (NYSEAMERICAN: GTE) stock enjoyed a very large increase of 5.0% on 11/4/24. The shares closed at $6.47. Moreover, this advance was accompanied by exceptionally high trading volume at 213% of normal. The stock has risen 1.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, GTE is expected to continue to be an important Value Builder.
Gran Tierra Energy has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Gran Tierra Energy has a good Appreciation Score of 71 but a slightly negative Power Rating of 38, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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