Baytex Energy Corp (NYSE: BTE) Now -26.44% Off Its High ($4.08), Does Analysts See Headwinds And Risks?

Baytex Energy Corp (NYSE:BTE) currently has a daily average trading volume of 11.44M but it saw 9034062 shares traded in last market. With a market cap of 3.31B USD, the company’s current market price of $3.00 came rising about 1.69 while comparing to the previous closing price of $2.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.08 and as low as $2.78. In the recent trading on the day, stock has struck highest price mark of $2.96 while lowest mark touched by it was $3.03.

Taking a look at 20-day trading activity of Baytex Energy Corp (BTE) gives us an average price of $2.96, while its current price level is -26.44% below from 52-week high level whereas it is 7.91% 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 $3.03 while that of 200 days or SMA-200 reads an average of $3.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.93% during that period while stretching the period over a month that increases to 3.37%. 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 50.53 which implies that the stock is in neutral territory.

Over the week, BTE’s stock price is moving 4.17% up while it is 2.39% when we observe its performance for the past one month. Year-to-date it is -9.64% down and over the past year, the stock is showing a downside performance of -24.05%.

Currently, Baytex Energy Corp’s total number of outstanding shares is 821.68M. Company’s return on investment (ROI) stands at -5.58% and return on equity (ROE) at -8.01%. It has a 9.48 of forward P/E ratio. Stock’s beta reads 1.76. Stock has a price to book (P/B) ratio of 0.80 while price to sale or P/S ratio amounts to 1.34. Its return on asset (ROA) is -4.21% on average.