Baytex Energy Corp (NYSE: BTE) is -18.99% 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 $2.01 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $2.09, the stock is 19.16% and 23.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 73.31 million and changing 3.98% at the moment leaves the stock -14.65% off its SMA200. BTE registered -38.35% loss for a year compared to 6-month loss of -17.06%.
The stock witnessed a 14.84% gain in the last 1 month and extending the period to 3 months gives it a -2.79%, and is 17.42% 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 3.37% over the week and 3.00% over the month.
Baytex Energy Corp (BTE) has around 370 employees, a market worth around $1.61B and $2.41B in sales. Current P/E ratio is 7.22 and Fwd P/E is 14.79. Profit margin for the company is 9.67%. Distance from 52-week low is 53.68% and -45.57% 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 664.73M with Short Float at 9.88%.
