Baytex Energy Corp (NYSE: BTE) Now -32.04% Off Its High ($4.65), Does Analysts See Headwinds And Risks?

Baytex Energy Corp (NYSE:BTE) currently has a daily average trading volume of 11.00M but it saw 13220529 shares traded in last market. With a market cap of 2.54B USD, the company’s current market price of $3.16 came rising about 0.64 while comparing to the previous closing price of $3.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.65 and as low as $2.85. In the recent trading on the day, stock has struck highest price mark of $3.094 while lowest mark touched by it was $3.2119.

Taking a look at 20-day trading activity of Baytex Energy Corp (BTE) gives us an average price of $3.07, while its current price level is -32.04% below from 52-week high level whereas it is 10.88% 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 $3.31 while that of 200 days or SMA-200 reads an average of $3.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.08% during that period while stretching the period over a month that decreases to 3.87%. 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 49.88 which implies that the stock is in neutral territory.

Over the week, BTE’s stock price is moving 4.98% up while it is -3.66% when we observe its performance for the past one month. Year-to-date it is -4.82% down and over the past year, the stock is showing a downside performance of -23.11%.

Currently, Baytex Energy Corp’s total number of outstanding shares is 821.68M. Company’s return on investment (ROI) stands at -6.38% and return on equity (ROE) at -9.39%. It has a 9.29 of forward P/E ratio. Stock’s beta reads 1.74. Stock has a price to book (P/B) ratio of 0.88 while price to sale or P/S ratio amounts to 1.01. Its return on asset (ROA) is -4.90% on average.