Gran Tierra Energy (GTE) Looks Good: Stock Rises 5.4% – Tale of the Tape

Zacks

Gran Tierra Energy, Inc. (GTE) was a big mover last session, as the company saw its shares rise over 5% on the day. The move led to solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 62.2% in the last one-month time frame.

The company has seen no estimate revisions over the past 30 days, and the Zacks Consensus Estimate is unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Gran Tierra Energy currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Another well-ranked oil stock is Africa Oil Corp (AOIFF), carrying the same Zacks Rank as Gran Tierra.

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