Baytex Energy Corp (BTE) 14-day ATR is 0.14: This Stock is Set to Soar Above its Peers

Baytex Energy Corp (NYSE: BTE) open the trading on Wednesday, with great promise as it jumped 3.44% to $3.91, before settling in for the price of $3.78 at the close. Taking a more long-term approach, BTE posted a 52-week range of $2.89-$4.65.

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The company of the Energy sector’s yearbook sales growth during the past 5- year span was recorded 28.94%. Meanwhile, its Annual Earning per share during the time was 19.24%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 310.66%. This publicly-traded company’s shares outstanding now amounts to $821.68 million, simultaneously with a float of $712.03 million. The organization now has a market capitalization sitting at $3.21 billion. At the time of writing, stock’s 50-day Moving Average stood at $3.38, while the 200-day Moving Average is $3.68.

Baytex Energy Corp (BTE) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Oil & Gas E&P industry. Baytex Energy Corp’s current insider ownership accounts for 13.35%, in contrast to 24.54% institutional ownership.

Baytex Energy Corp (BTE) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted -$0.55 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at $0.12) by -$0.67. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.

Baytex Energy Corp’s EPS increase for this current 12-month fiscal period is 310.66% and is forecasted to reach 0.45 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 18.20% through the next 5 years, which can be compared against the 19.24% growth it accomplished over the previous five years trading on the market.

Baytex Energy Corp (NYSE: BTE) Trading Performance Indicators

Let’s observe the current performance indicators for Baytex Energy Corp (BTE). It’s Quick Ratio in the last reported quarter now stands at 0.79. The Stock has managed to achieve an average true range (ATR) of 0.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.60. Similarly, its price to free cash flow for trailing twelve months is now 21.97.

In the same vein, BTE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.10, a figure that is expected to reach 0.08 in the next quarter, and analysts are predicting that it will be 0.45 at the market close of one year from today.

Technical Analysis of Baytex Energy Corp (BTE)

[Baytex Energy Corp, BTE] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 66.15% While, its Average True Range was 0.14.

Raw Stochastic average of Baytex Energy Corp (BTE) in the period of the previous 100 days is set at 85.46%, which indicates a major rise in contrast to 75.18% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 42.17% that was higher than 40.03% volatility it exhibited in the past 100-days period.