Baytex Energy Corp (NYSE: BTE) is -12.05% lower on its value in year-to-date trading and has touched a low of $2.78 and a high of $4.10 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 $2.97 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $2.92, the stock is -0.95% and -4.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.06 million and changing -1.68% at the moment leaves the stock -13.51% off its SMA200. BTE registered -25.13% loss for a year compared to 6-month loss of -15.36%. The firm has a 50-day simple moving average (SMA 50) of $3.0668 and a 200-day simple moving average (SMA200) of $3.37785.
The stock witnessed a -9.32% gain in the last 1 month and extending the period to 3 months gives it a -16.33%, and is -4.89% down 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 3.47% over the week and 3.19% over the month.
Baytex Energy Corp (BTE) has around 367 employees, a market worth around $3.07B and $2.47B in sales. Fwd P/E is 9.22. Profit margin for the company is -10.47%. Distance from 52-week low is 5.04% and -28.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.58%).
with sales reaching $726.79M over the same period.The EPS is expected to grow by 257.00% this year, but quarterly earnings will post 11.50% year-over-year. Quarterly sales are estimated to grow 18.30% in year-over-year returns.
Baytex Energy Corp (BTE) Top Institutional Holders
233.0 institutions hold shares in Baytex Energy Corp (BTE), with institutional investors hold 40.88% of the company’s shares. The shares outstanding are 821.68M, and float is at 681.96M with Short Float at 8.20%. Institutions hold 40.54% of the Float.
Baytex Energy Corp (BTE) Insider Activity
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