Things appear to be looking up for Baytex Energy Corp (BTE)

Baytex Energy Corp (NYSE: BTE) is -35.27% lower on its value in year-to-date trading and has touched a low of $1.36 and a high of $3.84 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 $1.70 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $1.67, the stock is 1.30% and -9.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.94 million and changing -1.76% at the moment leaves the stock -35.78% off its SMA200. BTE registered -51.17% loss for a year compared to 6-month loss of -42.01%.

The stock witnessed a -4.02% gain in the last 1 month and extending the period to 3 months gives it a -33.99%, and is -4.57% 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 7.01% over the week and 6.09% over the month.

Baytex Energy Corp (BTE) has around 370 employees, a market worth around $1.28B and $2.41B in sales. Current P/E ratio is 5.77 and Fwd P/E is 11.82. Profit margin for the company is 9.67%. Distance from 52-week low is 22.79% and -56.51% from its 52-week high. The company has generated returns on investments over the last 12 months (5.24%).

with sales reaching $770.1M over the same period.The EPS is expected to grow by 7.54% this year, but quarterly earnings will post -21.33% year-over-year. Quarterly sales are estimated to shrink -32.04% in year-over-year returns.

Baytex Energy Corp (BTE) Top Institutional Holders

The shares outstanding are 770.04M, and float is at 664.77M with Short Float at 10.32%.

Baytex Energy Corp (BTE) Insider Activity

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