Baytex Energy Corp (NYSE: BTE) is -5.72% 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 $3.14 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $3.13, the stock is -3.97% and -8.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.01 million and changing -0.32% at the moment leaves the stock -8.26% off its SMA200. BTE registered -22.14% loss for a year compared to 6-month loss of -10.06%.
The stock witnessed a -9.80% gain in the last 1 month and extending the period to 3 months gives it a -9.28%, and is 1.95% 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 3.17% over the week and 3.60% over the month.
Baytex Energy Corp (BTE) has around 367 employees, a market worth around $2.52B and $2.53B in sales. Fwd P/E is 9.21. Profit margin for the company is -11.82%. Distance from 52-week low is 8.68% and -32.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.38%).
with sales reaching $784.78M over the same period.The EPS is expected to grow by 258.90% this year, but quarterly earnings will post 44.80% year-over-year. Quarterly sales are estimated to shrink -9.40% in year-over-year returns.
Baytex Energy Corp (BTE) Top Institutional Holders
243.0 institutions hold shares in Baytex Energy Corp (BTE), with institutional investors hold 40.54% of the company’s shares. The shares outstanding are 821.68M, and float is at 696.73M with Short Float at 5.12%. Institutions hold 40.21% of the Float.
Baytex Energy Corp (BTE) Insider Activity
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