On Friday, Baytex Energy Corp (NYSE: BTE) was -1.81% drop from the session before settling in for the closing price of $3.31. A 52-week range for BTE has been $2.89 – $4.65.
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
Annual sales at Energy sector company grew by 28.94% over the past five years. When this article was written, the company’s average yearly earnings per share was at 259.95%. With a float of $712.13 million, this company’s outstanding shares have now reached $821.68 million.
Let’s look at the performance matrix of the company that is accounted for 367 employees.
Baytex Energy Corp (BTE) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Baytex Energy Corp stocks. The insider ownership of Baytex Energy Corp is 13.29%, while institutional ownership is 26.80%.
Baytex Energy Corp (BTE) Latest Financial update
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
You can see what Baytex Energy Corp (BTE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19. Likewise, its price to free cash flow for the trailing twelve months is 20.02.
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)
Baytex Energy Corp (NYSE: BTE) saw its 5-day average volume 6.92 million, a negative change from its year-to-date volume of 9.25 million. As of the previous 9 days, the stock’s Stochastic %D was 45.78%. Additionally, its Average True Range was 0.12.
During the past 100 days, Baytex Energy Corp’s (BTE) raw stochastic average was set at 28.49%, which indicates a significant increase from 23.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.92% in the past 14 days, which was lower than the 42.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.54, while its 200-day Moving Average is $3.63. Nevertheless, the first resistance level for the watch stands at $3.30 in the near term. At $3.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.39. If the price goes on to break the first support level at $3.21, it is likely to go to the next support level at $3.18. The third support level lies at $3.12 if the price breaches the second support level.
Baytex Energy Corp (NYSE: BTE) Key Stats
There are 811,051K outstanding shares of the company, which has a market capitalization of 2.67 billion. As of now, sales total 2,010 M while income totals -172,870 K. Its latest quarter income was 574,520 K while its last quarter net income were -10,410 K.
