Baytex Energy Corp (NYSE: BTE) is -7.53% lower on its value in year-to-date trading and has touched a low of $2.88 and a high of $4.65 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BTE stock was last observed hovering at around $3.04 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $3.07, the stock is -8.64% and -11.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.72 million and changing 0.99% at the moment leaves the stock -10.45% off its SMA200. BTE registered -29.91% loss for a year compared to 6-month gain of -8.08%.
The stock witnessed a -14.96% loss in the last 1 month and extending the period to 3 months gives it a -3.15%, and is 0.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.17% over the week and 3.50% over the month.
Baytex Energy Corp (BTE) has around 367 employees, a market worth around $2.47B and $2.53B in sales. Fwd P/E is 6.37. Profit margin for the company is -11.82%. Distance from 52-week low is 6.60% and -33.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.38%).
The EPS is expected to grow by 270.21% this year.
Baytex Energy Corp (BTE) Top Institutional Holders
243.0 institutions hold shares in Baytex Energy Corp (BTE), with institutional investors hold 40.21% of the company’s shares. The shares outstanding are 821.68M, and float is at 696.74M with Short Float at 5.12%. Institutions hold 39.88% of the Float.
Baytex Energy Corp (BTE) Insider Activity
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