Baytex Energy Corp (NYSE: BTE) is -34.88% 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 $1.74 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $1.68, the stock is -11.53% and -20.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 28.3 million and changing -3.45% at the moment leaves the stock -39.98% off its SMA200. BTE registered -53.59% loss for a year compared to 6-month loss of -42.27%. The firm has a 50-day simple moving average (SMA 50) of $2.1124 and a 200-day simple moving average (SMA200) of $2.7991.
The stock witnessed a -23.29% gain in the last 1 month and extending the period to 3 months gives it a -36.36%, and is 3.07% up 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 6.08% over the week and 8.61% over the month.
Baytex Energy Corp (BTE) has around 370 employees, a market worth around $1.30B and $2.43B in sales. Current P/E ratio is 7.84 and Fwd P/E is 10.15. Profit margin for the company is 7.15%. Distance from 52-week low is 23.53% and -57.58% 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 46.25% 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
231.0 institutions hold shares in Baytex Energy Corp (BTE), with institutional investors hold 41.31% 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 41.04% of the Float.
Baytex Energy Corp (BTE) Insider Activity
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