Alert: Rating Upgrade (12/22/23)-Gran Tierra Energy Inc (NYSEAMERICAN: GTE).


Stock Rating Upgrade

In the last week the Value Trend Rating for Gran Tierra Energy Inc (NYSEAMERICAN: GTE) improved from C to B reflecting improving fundamentals and high Appreciation Potential.


Recent Price Action

On 12/22/23, Gran Tierra Energy Inc (NYSEAMERICAN: GTE) stock declined modestly by -1.2%, closing at $5.77. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -1.9% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, GTE is expected to continue to be a modest Value Builder.

Gran Tierra Energy has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Gran Tierra Energy has a very high Appreciation Score of 97 but a neutral Power Rating of 46, producing the Positive Value Trend Rating.

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