Ideas And Forecasts On Baytex Energy Corp (NYSE: BTE)

Baytex Energy Corp (NYSE:BTE) currently has a daily average trading volume of 31.66M but it saw 44118854 shares traded in last market. With a market cap of 1.70B USD, the company’s current market price of $2.20 came rising about 4.27 while comparing to the previous closing price of $2.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.08 and as low as $1.90. In the recent trading on the day, stock has struck highest price mark of $2.1 while lowest mark touched by it was $2.22.

Taking a look at 20-day trading activity of Baytex Energy Corp (BTE) gives us an average price of $2.16, while its current price level is -46.06% below from 52-week high level whereas it is 15.79% 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 $2.39 while that of 200 days or SMA-200 reads an average of $2.96. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.44% during that period while stretching the period over a month that increases to 5.48%. 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 48.92 which implies that the stock is in neutral territory.

Over the week, BTE’s stock price is moving 3.29% up while it is -13.04% when we observe its performance for the past one month. Year-to-date it is -14.73% down and over the past year, the stock is showing a downside performance of -34.13%.

Currently, Baytex Energy Corp’s total number of outstanding shares is 773.59M. Company’s return on investment (ROI) stands at 3.88% and return on equity (ROE) at 5.99%. It has a price to earnings ratio (P/E ratio) of 10.27 while having a 19.76 of forward P/E ratio. Stock’s beta reads 1.14. Stock has a price to book (P/B) ratio of 0.59 while price to sale or P/S ratio amounts to 0.70. Its return on asset (ROA) is 3.14% on average.