Gencor Industries, Inc. (GENC) Reaches $16.95 Formed H&S; Edgepoint Investment Group Has Cut Its Gran Tierra Energy (GTE) Position

Gencor Industries, Inc. (GENC) formed H&S with $16.44 target or 3.00% below today’s $16.95 share price. Gencor Industries, Inc. (GENC) has $245.28M valuation. The stock increased 3.04% or $0.5 during the last trading session, reaching $16.95. About 743 shares traded. Gencor Industries, Inc. (NASDAQ:GENC) has risen 66.26% since February 7, 2017 and is uptrending. It has outperformed by 49.56% the S&P500.

Edgepoint Investment Group Inc decreased Gran Tierra Energy Inc (GTE) stake by 56.64% reported in 2017Q3 SEC filing. Edgepoint Investment Group Inc sold 1.72 million shares as Gran Tierra Energy Inc (GTE)’s stock declined 6.20%. The Edgepoint Investment Group Inc holds 1.32 million shares with $2.99M value, down from 3.04M last quarter. Gran Tierra Energy Inc now has $1.06B valuation. The stock decreased 0.37% or $0.01 during the last trading session, reaching $2.7. About 118,113 shares traded. Gran Tierra Energy Inc. (NYSEMKT:GTE) has declined 7.89% since February 7, 2017 and is downtrending. It has underperformed by 24.59% the S&P500.

Analysts await Gran Tierra Energy Inc. (NYSEAMERICAN:GTE) to report earnings on March, 7. They expect $0.05 earnings per share, up 25.00% or $0.01 from last year’s $0.04 per share. GTE’s profit will be $19.57M for 13.50 P/E if the $0.05 EPS becomes a reality. After $0.01 actual earnings per share reported by Gran Tierra Energy Inc. for the previous quarter, Wall Street now forecasts 400.00% EPS growth.

Among 5 analysts covering Gran Tierra Energy (NYSEMKT:GTE), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Gran Tierra Energy had 9 analyst reports since September 9, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Friday, February 10. RBC Capital Markets maintained Gran Tierra Energy Inc. (NYSEAMERICAN:GTE) rating on Friday, January 29. RBC Capital Markets has “Outperform” rating and $4.50 target. The firm has “Buy” rating by Citigroup given on Friday, November 4. The rating was upgraded by RBC Capital Markets on Monday, June 20 to “Top Pick”. The stock of Gran Tierra Energy Inc. (NYSEAMERICAN:GTE) earned “Neutral” rating by Goldman Sachs on Friday, September 11. On Monday, December 14 the stock rating was downgraded by Citigroup to “Neutral”.