Back to top

Image: Bigstock

Gran Tierra Energy (GTE) Surges: Stock Moves 9.2% Higher

Read MoreHide Full Article

Gran Tierra Energy Inc. (GTE - Free Report) was a big mover last session, as the company saw its shares rise over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $2.05–$2.32 in the past one-month time frame, witnessed a sharp increase yesterday.

Gran Tierra Energy has seen one negative estimate revision over the past two months. The Zacks Consensus Estimate for the current quarter has also revised downward over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.   

Gran Tierra Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Gran Tierra Energy Inc. Price and Consensus

Another stock in the   Oil and Gas - Exploration and Production industry is Wentworth Resources Limited which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is GTE going up? Or down? Predict to see what others think: Up or Down

Zacks’ Best Private Investment Ideas

While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.

Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.

Click here for Zacks' private trades >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Gran Tierra Energy Inc. (GTE) - free report >>

Published in