Baytex Energy Corp (NYSE: BTE) kicked off on Friday, down -2.76% from the previous trading day, before settling in for the closing price of $3.26. Over the past 52 weeks, BTE has traded in a range of $2.89-$4.65.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 28.94%. While this was happening, its average annual earnings per share was recorded 259.95%. With a float of $712.14 million, this company’s outstanding shares have now reached $821.68 million.
Considering the fact that the conglomerate employs 367 people, you should pay attention to its efficiency factor.
Baytex Energy Corp (BTE) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Baytex Energy Corp is 13.29%, while institutional ownership is 26.82%.
Baytex Energy Corp (BTE) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 259.95% 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
Take a look at Baytex Energy Corp’s (BTE) current performance indicators. Last quarter, stock had a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.16. Likewise, its price to free cash flow for the trailing twelve months is 19.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.18, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 0.40 in one year’s time.
Technical Analysis of Baytex Energy Corp (BTE)
Compared to the last year’s volume of 9.33 million, its volume of 7.15 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.15%. Additionally, its Average True Range was 0.13.
During the past 100 days, Baytex Energy Corp’s (BTE) raw stochastic average was set at 21.58%, which indicates a significant increase from 5.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.53% in the past 14 days, which was higher than the 42.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.59, while its 200-day Moving Average is $3.65. Nevertheless, the first resistance level for the watch stands at $3.24 in the near term. At $3.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.36. If the price goes on to break the first support level at $3.12, it is likely to go to the next support level at $3.07. Should the price break the second support level, the third support level stands at $3.00.
Baytex Energy Corp (NYSE: BTE) Key Stats
The company with the Market Capitalisation of 2.60 billion has total of 811,051K Shares Outstanding. Its annual sales at the moment are 2,010 M in contrast with the sum of -172,870 K annual income. Company’s last quarter sales were recorded 574,520 K and last quarter income was -10,410 K.
