Baytex Energy Corp (NYSE: BTE) is -42.98% lower on its value in year-to-date trading and has touched a low of $1.36 and a high of $3.76 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 $2.14 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $2.07, the stock is 7.73% and 11.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 27.69 million and changing -3.27% at the moment leaves the stock -9.01% off its SMA200. BTE registered -19.77% loss for a year compared to 6-month loss of -19.14%. The firm has a 50-day simple moving average (SMA 50) of $1.8526 and a 200-day simple moving average (SMA200) of $2.27495.
The stock witnessed a 13.11% gain in the last 1 month and extending the period to 3 months gives it a 26.22%, and is 5.08% 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 4.74% over the week and 4.92% over the month.
Baytex Energy Corp (BTE) has around 370 employees, a market worth around $1.59B and $2.41B in sales. Current P/E ratio is 7.15 and Fwd P/E is 53.15. Profit margin for the company is 9.67%. Distance from 52-week low is 52.21% and -44.95% from its 52-week high. The company has generated returns on investments over the last 12 months (5.24%).
The EPS is expected to shrink by -34.75% this year.
Baytex Energy Corp (BTE) Top Institutional Holders
224.0 institutions hold shares in Baytex Energy Corp (BTE), with institutional investors hold 45.84% of the company’s shares. The shares outstanding are 770.04M, and float is at 664.73M with Short Float at 10.01%. Institutions hold 45.54% of the Float.
Baytex Energy Corp (BTE) Insider Activity
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