Baytex Energy Corp (NYSE: BTE) is -47.04% 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 $1.83 in the last trading session, with the day’s gains setting it 52149998.17%.
Currently trading at $52150000.0, the stock is -5.42% and 2.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 32.52 million and changing -2.19% at the moment leaves the stock -24.76% off its SMA200. BTE registered -30.62% loss for a year compared to 6-month loss of -25.73%. The firm has a 50-day simple moving average (SMA 50) of $1.7472 and a 200-day simple moving average (SMA200) of $2.37905.
The stock witnessed a 6.55% gain in the last 1 month and extending the period to 3 months gives it a -17.51%, and is -4.28% 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 3.23% over the week and 5.45% over the month.
Baytex Energy Corp (BTE) has around 370 employees, a market worth around $1.38B and $2.41B in sales. Current P/E ratio is 6.18 and Fwd P/E is 12.67. Profit margin for the company is 9.67%. Distance from 52-week low is 31.62% and -53.39% 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
227.0 institutions hold shares in Baytex Energy Corp (BTE), with institutional investors hold 45.73% of the company’s shares. The shares outstanding are 770.04M, and float is at 664.73M with Short Float at 8.64%. Institutions hold 45.43% of the Float.
