Bollinger Band Analysis Review of Gran Tierra Energy, Inc. (NYSE:GTE)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Gran Tierra Energy, Inc. (NYSE:GTE) for the period of 9-Day stands at 27.74% while the stochastic %D for the same period stands at 17.14%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Gran Tierra Energy, Inc. (NYSE:GTE) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Gran Tierra Energy, Inc. (NYSE:GTE) while 20-100 Day MACD Oscillator indicates “Hold”.

Bollinger band is a volatility indicator of a certain security, currently Gran Tierra Energy, Inc. (NYSE:GTE)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Gran Tierra Energy Inc. is an international oil and gas exploration and production company, headquartered in Calgary, Canada, incorporated and traded in the United States and operating in South America. Gran Tierra Energy holds interests in producing and prospective properties in Argentina, Colombia and Peru. The company strategy is focused on establishing a portfolio of drilling opportunities to exploit undeveloped reserves to grow production, as well as undertaking exploration to grow future reserves.

Previous Day Activity Analysis

On the last trading day, Gran Tierra Energy, Inc. (NYSE:GTE) opened the session at $2.11 and after going up 1.42% closed at $2.14. The stock gained 0.03 points in the last trade.

Gran Tierra Energy, Inc. (NYSE:GTE)’s stock fluctuated in the range of $2.11 and $2.16 during the previous active session. Gran Tierra Energy, Inc. (NYSE:GTE) traded with the volume of 1.01 Million with average volume of 1.21 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 0.54 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.07 and 45.8 respectively.

Currently the Insider Ownership of the shares of Gran Tierra Energy, Inc. (NYSE:GTE) is at 0.9% and the shares outstanding are 389.25 Million.

Important Ratio Analysis

Some important ratios to consider here for Gran Tierra Energy, Inc. (NYSE:GTE) are discussed below:

Dividend yield of Gran Tierra Energy, Inc. (NYSE:GTE) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 13.54.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 2.37 and 0.87 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0 and 9.05 correspondingly.

The Quick Ratio of Gran Tierra Energy, Inc. (NYSE:GTE) stands at 1.3 while the Current Ratio depicts the value of 1.3.

Return on Assets ROA of Gran Tierra Energy, Inc. (NYSE:GTE) is at -24.6% whereas, Return on Equity ROE and Return of Investment ROI of Gran Tierra Energy, Inc. (NYSE:GTE) stand at -38% and -44% respectively.

Stock Performance Analysis

The stock performance of Gran Tierra Energy, Inc. (NYSE:GTE) on the basis of 5 day trade show the jump of 0% whereas, the monthly performance of the stock shows decrease of -4.04%.

The quarterly performance of the stock remained in red zone with the value of -3.17% while six month performance of the shares of Gran Tierra Energy, Inc. (NYSE:GTE) remained bearish with the count of -18.94%.

The yearly and YTD performance of Gran Tierra Energy, Inc. (NYSE:GTE) remained down at -30.52% and -29.14% respectively.