It’s Not A Fantasy To Think That Baytex Energy Corp (BTE) Has Big Future Potential

Baytex Energy Corp (NYSE:BTE) currently has a daily average trading volume of 9.16M but it saw 14164127 shares traded in last market. With a market cap of 2.97B USD, the company’s current market price of $3.67 came rising about 2.23 while comparing to the previous closing price of $3.59. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.65 and as low as $2.92.

Taking a look at 20-day trading activity of Baytex Energy Corp (BTE) gives us an average price of $3.63, while its current price level is -21.08% below from 52-week high level whereas it is 25.68% 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 $3.50 while that of 200 days or SMA-200 reads an average of $3.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.97% during that period while stretching the period over a month that decreases to 3.23%. 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 54.79 which implies that the stock is in neutral territory.

Over the week, BTE’s stock price is moving 0.27% up while it is 6.69% when we observe its performance for the past one month.

Currently, Baytex Energy Corp’s total number of outstanding shares is 821.68M. Company’s return on investment (ROI) stands at -4.60% and return on equity (ROE) at -8.36%. It has a 7.66 of forward P/E ratio. Stock’s beta reads 1.78. Stock has a price to book (P/B) ratio of 1.05 while price to sale or P/S ratio amounts to 1.32. Its return on asset (ROA) is -4.53% on average.