Should You Sell Baytex Energy Corp (BTE) And Go Away This Year?

Baytex Energy Corp (NYSE:BTE) currently has a daily average trading volume of 9.69M but it saw 10270816 shares traded in last market. With a market cap of 2.97B USD, the company’s current market price of $3.62 remained unchanged while comparing to the previous closing price of $3.62. 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 $3.73, while its current price level is -22.15% below from 52-week high level whereas it is 25.26% 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 $3.45 while that of 200 days or SMA-200 reads an average of $3.70. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.80% during that period while stretching the period over a month that increases to 3.82%. 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 49.07 which implies that the stock is in neutral territory.

Over the week, BTE’s stock price is moving -5.48% down while it is 4.93% when we observe its performance for the past one month. Year-to-date it is 9.04% up and over the past year, the stock is showing a downside performance of -9.27%.

Currently, Baytex Energy Corp’s total number of outstanding shares is 821.68M. Company’s return on investment (ROI) stands at -3.53% and return on equity (ROE) at -6.52%. It has a 7.96 of forward P/E ratio. Stock’s beta reads 1.85. Stock has a price to book (P/B) ratio of 1.03 while price to sale or P/S ratio amounts to 1.48. Its return on asset (ROA) is -3.55% on average.