Gran Tierra Energy Inc (NYSEAMERICAN: GTE) stock enjoyed a major increase of 10.4% on 11/27/24. The shares closed at $6.77. Moreover, exceptionally high trading volume at 296% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 9.4% during the last week.
Current PriceTarget Research Rating
Gran Tierra Energy has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Gran Tierra Energy has a good Appreciation Score of 76 but a poor Power Rating of 16, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment