Baytex Energy Corp (NYSE:BTE) does about 52.22M shares in volume on a normal day but saw 33489352 shares change hands in the recent trading day. The company now has a market cap of 1.41B USD. Its current market price is $1.83, marking a decrease of -0.54% compared to the previous close of $1.84. The 52 week high reached by this stock is $3.84 whilst the lowest price level in 52 weeks is $1.36.
The consensus objective for the share price is $2.88, suggesting that the stock has a potential upside of 36.46% over the period.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The current price level is -2.84%, 4.90%, and -23.27% away from its SMA20, SMA50, and SMA200 respectively, with the BTE price moving below the 50-day SMA on current market day. Baytex Energy Corp (BTE) stock is down -11.17% over the week and 10.24% over the past month. Its price is -46.80% year-to-date and -29.07% over the past year.
To reach the target analysts have set, the stock logically needs to grow 36.46 percent from here.
The company has a return on investment of 5.24% and return on equity of 8.02%. The price to earnings ratio (P/E ratio) amounts to 6.32 while the forward price to earnings ratio is 12.95. The beta has a value of 0.98. Price to book ratio is 0.48 and price to sales ratio is 0.58.
