user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 486108 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Volume Spike Detected in Shares of Gran Tierra Energy as They Move Lower on 1.3x Above-Average Volume (GTE)

Published on Wed, 04/24/2013 - 13:17
By Peter Chu

Gran Tierra Energy's stock is down 0.1% to $5.21 on heavy trading volume. Today's volume of 987,000 shares tops the average 30-day volume of 779,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

In the past 52 weeks, Gran Tierra Energy share prices have been bracketed by a low of $4.00 and a high of $6.65 and are now at $5.21, 30% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.3%.

Gran Tierra Energy, Inc. is an international oil and gas exploration and production company. The Company currently holds interests in producing and prospective properties in Colombia, Argentina and Peru.

Gran Tierra Energy has overhead space with shares priced $5.21, or 39.4% below the average consensus analyst price target of $8.59. Gran Tierra Energy shares should first meet resistance at the 200-day moving average (MA) of $5.30 and find additional resistance at the 50-day MA of $5.78.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Vale: New 52-Week Low Set Today (VALE)...

Shares of Vale (NASDAQ:VALE) traded at a new 52-week low today of $11.98. This new low ...

Shares of United Therapeutics Rise to a ...

United Therapeutics (NASDAQ:UTHR) traded today at a new 52-week high of $131.97. Appro ...

Shares of UQM Technologies Fall to a New...

UQM Technologies (AMEX:UQM) traded at a new 52-week low today of $1.18. This new low w ...

United Bankshares: 52-Week High Recently...

United Bankshares (NASDAQ:UBSI) traded at a new 52-week high today of $33.60. So far t ...

Trimas: The Losing Streak Continues (TRS...

Trimas (NYSE:TRS) traded at a new 52-week low today of $29.71. This new low was reache ...

TransCanada Looks to Continue to Trade A...

TransCanada (NYSE:TRP) traded today at a new 52-week high of $58.40. So far today appr ...

Recent 52-Week High Exceeded in Shares o...

Trinity Industries (NYSE:TRN) traded at a new 52-week high today of $50.77. This new h ...

Talisman Energy: New 52-Week Low Set Tod...

Talisman Energy (NYSE:TLM) traded at a new 52-week low today of $9.21. Approximately 5 ...