On Friday, Baytex Energy Corp (NYSE: BTE) opened higher 0.28% from the last session, before settling in for the closing price of $3.62. Price fluctuations for BTE have ranged from $2.89 to $4.65 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Energy Sector giant was 28.94%. Company’s average yearly earnings per share was noted 325.82% at the time writing. With a float of $712.60 million, this company’s outstanding shares have now reached $821.68 million.
Let’s determine the extent of company efficiency that accounts for 367 employees.
Baytex Energy Corp (BTE) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Baytex Energy Corp is 13.28%, while institutional ownership is 24.53%.
Baytex Energy Corp (BTE) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 98.97 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 325.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.20% during the next five years compared to 19.24% growth over the previous five years of trading.
Baytex Energy Corp (NYSE: BTE) Trading Performance Indicators
Check out the current performance indicators for Baytex Energy Corp (BTE). In the past quarter, the stock posted a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.48. Likewise, its price to free cash flow for the trailing twelve months is 20.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.45 in one year’s time.
Technical Analysis of Baytex Energy Corp (BTE)
Looking closely at Baytex Energy Corp (NYSE: BTE), its last 5-days average volume was 12.51 million, which is a jump from its year-to-date volume of 9.45 million. As of the previous 9 days, the stock’s Stochastic %D was 5.71%. Additionally, its Average True Range was 0.14.
During the past 100 days, Baytex Energy Corp’s (BTE) raw stochastic average was set at 61.29%, which indicates a significant increase from 6.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.90% in the past 14 days, which was lower than the 39.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.46, while its 200-day Moving Average is $3.70. However, in the short run, Baytex Energy Corp’s stock first resistance to watch stands at $3.72. Second resistance stands at $3.81. The third major resistance level sits at $3.87. If the price goes on to break the first support level at $3.58, it is likely to go to the next support level at $3.52. Now, if the price goes above the second support level, the third support stands at $3.43.
Baytex Energy Corp (NYSE: BTE) Key Stats
There are currently 821,322K shares outstanding in the company with a market cap of 2.98 billion. Presently, the company’s annual sales total 2,010 M according to its annual income of -172,870 K. Last quarter, the company’s sales amounted to 615,120 K and its income totaled -464,750 K.
