Baytex Energy Corp (NYSE: BTE) is -19.38% 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 $2.26 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $2.08, the stock is -13.48% and -16.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 77.31 million and changing -7.96% at the moment leaves the stock -31.69% off its SMA200. BTE registered -39.71% loss for a year compared to 6-month loss of -41.90%.
The stock witnessed a -16.80% gain in the last 1 month and extending the period to 3 months gives it a -26.50%, and is -12.24% 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 6.42% over the week and 4.84% over the month.
Baytex Energy Corp (BTE) has around 367 employees, a market worth around $1.64B and $2.47B in sales. Fwd P/E is 8.21. Profit margin for the company is -10.47%. Distance from 52-week low is -5.02% and -49.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.58%).
with sales reaching $1.01B over the same period.The EPS is expected to grow by 224.84% this year, but quarterly earnings will post 13.70% year-over-year. Quarterly sales are estimated to shrink -5.13% in year-over-year returns.
Baytex Energy Corp (BTE) Top Institutional Holders
The shares outstanding are 787.33M, and float is at 680.86M with Short Float at 5.25%.
Baytex Energy Corp (BTE) Insider Activity
A total of 0 insider transactions have happened at Baytex Energy Corp (BTE) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Baytex Energy Corp (BTE): Who are the competitors?
The company’s main competitors (and peers) include Veren Inc. (VRN) that is trading -34.27% down over the past 12 months.
