Baytex Energy Corp (NYSE:BTE) currently has a daily average trading volume of 9.26M but it saw 13675183 shares traded in last market. With a market cap of 3.15B USD, the company’s current market price of $3.83 came falling about -2.05 while comparing to the previous closing price of $3.91. 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 $3.66, while its current price level is -17.63% below from 52-week high level whereas it is 32.53% 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 $3.39 while that of 200 days or SMA-200 reads an average of $3.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.89% during that period while stretching the period over a month that decreases to 3.68%. 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 59.58 which implies that the stock is in neutral territory.
Over the week, BTE’s stock price is moving -4.96% down while it is 20.44% when we observe its performance for the past one month. Year-to-date it is 15.36% up and over the past year, the stock is showing a downside performance of -5.67%.
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 $700.9 million as analysts are expecting the sales for current fiscal year at $2.06 billion and seeing the company making $2.2 billion in sales next year. Moreover, analysts are in estimates of $661.41 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 36.94% 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 8.53 of forward P/E ratio. Stock’s beta reads 1.85. Stock has a price to book (P/B) ratio of 1.08 while price to sale or P/S ratio amounts to 1.57. Its return on asset (ROA) is -3.55% on average.
