Baytex Energy Corp (NYSE: BTE) is -1.94% lower on its value in year-to-date trading and has touched a low of $2.19 and a high of $4.08 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 $2.45 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $2.53, the stock is 1.65% and 0.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.15 million and changing 3.27% at the moment leaves the stock -18.44% off its SMA200. BTE registered -18.65% loss for a year compared to 6-month loss of -29.92%.
The stock witnessed a -4.17% gain in the last 1 month and extending the period to 3 months gives it a -12.15%, and is -1.17% 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 3.72% over the week and 4.16% over the month.
Baytex Energy Corp (BTE) has around 367 employees, a market worth around $1.99B and $2.47B in sales. Fwd P/E is 9.98. Profit margin for the company is -10.47%. Distance from 52-week low is 15.26% and -37.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.58%).
The EPS is expected to grow by 224.84% this year.
Baytex Energy Corp (BTE) Top Institutional Holders
The shares outstanding are 787.33M, and float is at 680.51M with Short Float at 6.43%.
Baytex Energy Corp (BTE) Insider Activity
#####
