Baytex Energy Corp (NYSE: BTE) is -36.43% lower on its value in year-to-date trading and has touched a low of $1.58 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 $1.62 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $1.64, the stock is -22.57% and -27.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 57.03 million and changing 1.23% at the moment leaves the stock -43.04% off its SMA200. BTE registered -59.31% loss for a year compared to 6-month loss of -49.85%. The firm has a 50-day simple moving average (SMA 50) of $2.2556 and a 200-day simple moving average (SMA200) of $2.8794.
The stock witnessed a -19.21% gain in the last 1 month and extending the period to 3 months gives it a -37.88%, and is -26.46% 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 9.53% over the week and 5.71% over the month.
Baytex Energy Corp (BTE) has around 370 employees, a market worth around $1.27B and $2.43B in sales. Current P/E ratio is 7.65 and Fwd P/E is 472.62. Profit margin for the company is 7.15%. Distance from 52-week low is 3.80% and -59.79% from its 52-week high. The company has generated returns on investments over the last 12 months (3.88%).
with sales reaching $927.1M over the same period.The EPS is expected to shrink by -5.17% this year, but quarterly earnings will post -19.60% year-over-year. Quarterly sales are estimated to shrink -5.80% in year-over-year returns.
Baytex Energy Corp (BTE) Top Institutional Holders
229.0 institutions hold shares in Baytex Energy Corp (BTE), with institutional investors hold 41.34% of the company’s shares. The shares outstanding are 773.59M, and float is at 669.08M with Short Float at 6.28%. Institutions hold 41.08% of the Float.
Baytex Energy Corp (BTE) Insider Activity
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