Baytex Energy Corp (NYSE:BTE) currently has a daily average trading volume of 9.01M but it saw 11906659 shares traded in last market. With a market cap of 3.31B USD, the company’s current market price of $4.03 came rising about 1.00 while comparing to the previous closing price of $3.99. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.65 and as low as $2.89.
Taking a look at 20-day trading activity of Baytex Energy Corp (BTE) gives us an average price of $3.49, while its current price level is -13.33% below from 52-week high level whereas it is 39.45% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.32 while that of 200 days or SMA-200 reads an average of $3.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.51% during that period while stretching the period over a month that decreases to 3.44%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 76.21 which implies that the stock is in overbought territory.
Over the week, BTE’s stock price is moving 15.14% up while it is 30.84% when we observe its performance for the past one month.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of -$0.55 beaten by the consensus estimate of $0.12 for the same. For BTE, analysts are forecasting an EPS-growth rate of 304.20% for current year and estimate for EPS growth in next year is -10.20%. In next quarter, company is expected to be making quarterly sales of $701.33 million as analysts are expecting the sales for current fiscal year at $1.78 billion and seeing the company making $1.83 billion in sales next year. Moreover, analysts are in estimates of $661.82 million for current-quarter revenue.
Currently, Baytex Energy Corp’s total number of outstanding shares is 821.68M with 0.73% of that held by the insiders while 36.96% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -3.53% and return on equity (ROE) at -6.52%. It has a 9.03 of forward P/E ratio. Stock’s beta reads 1.86. Stock has a price to book (P/B) ratio of 1.14 while price to sale or P/S ratio amounts to 1.65. Its return on asset (ROA) is -3.55% on average.
