Baytex Energy Corp (NYSE: BTE) is -49.16% 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 loss setting it -0.02%.
Currently trading at $1.81, the stock is -5.48% and 2.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 36.27 million and changing -1.09% at the moment leaves the stock -23.14% off its SMA200. BTE registered -29.84% loss for a year compared to 6-month loss of -29.84%. The firm has a 50-day simple moving average (SMA 50) of $1.7588 and a 200-day simple moving average (SMA200) of $2.3549.
The stock witnessed a 5.85% gain in the last 1 month and extending the period to 3 months gives it a -9.50%, and is -1.09% 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 5.05% over the week and 5.25% over the month.
Baytex Energy Corp (BTE) has around 370 employees, a market worth around $1.39B and $2.41B in sales. Current P/E ratio is 6.25 and Fwd P/E is 21.67. Profit margin for the company is 9.67%. Distance from 52-week low is 33.09% and -52.86% 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 -18.00% this year.
Baytex Energy Corp (BTE) Top Institutional Holders
225.0 institutions hold shares in Baytex Energy Corp (BTE), with institutional investors hold 45.72% 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 45.42% of the Float.
