Baytex Energy Corp (NYSE: BTE) is -36.82% lower on its value in year-to-date trading and has touched a low of $1.36 and a high of $3.96 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 $1.63 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.63, the stock is -18.50% and -24.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 54.14 million and changing 0.00% at the moment leaves the stock -42.52% off its SMA200. BTE registered -57.44% loss for a year compared to 6-month loss of -49.69%. The firm has a 50-day simple moving average (SMA 50) of $2.1714 and a 200-day simple moving average (SMA200) of $2.8359.
The stock witnessed a -24.19% gain in the last 1 month and extending the period to 3 months gives it a -40.07%, and is -0.61% 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 16.59% over the week and 8.37% over the month.
Baytex Energy Corp (BTE) has around 370 employees, a market worth around $1.26B and $2.43B in sales. Current P/E ratio is 7.61. Profit margin for the company is 7.15%. Distance from 52-week low is 19.85% and -58.84% 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 grow by 22.86% this year, but quarterly earnings will post -18.88% year-over-year. Quarterly sales are estimated to shrink -5.80% in year-over-year returns.
Baytex Energy Corp (BTE) Top Institutional Holders
230.0 institutions hold shares in Baytex Energy Corp (BTE), with institutional investors hold 41.36% of the company’s shares. The shares outstanding are 773.59M, and float is at 669.08M with Short Float at 7.33%. Institutions hold 41.10% of the Float.
Baytex Energy Corp (BTE) Insider Activity
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