Baytex Energy Corp (NYSE: BTE) kicked off on Monday, up 3.93% from the previous trading day, before settling in for the closing price of $2.29. Over the past 52 weeks, BTE has traded in a range of $2.19-$4.08.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 28.94%. While this was happening, its average annual earnings per share was recorded 252.80%. With a float of $678.72 million, this company’s outstanding shares have now reached $787.33 million.
The extent of productivity of a business whose workforce counts for 367 workers is very important to gauge. In terms of profitability, gross margin is 33.82%, operating margin of 30.58%, and the pretax margin is -12.44%.
Baytex Energy Corp (BTE) Insider Updates
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 13.80%, while institutional ownership is 26.84%.
Baytex Energy Corp (BTE) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 252.80% 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 0.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.76. Likewise, its price to free cash flow for the trailing twelve months is 4.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.30, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 0.30 in one year’s time.
Technical Analysis of Baytex Energy Corp (BTE)
The latest stats from [Baytex Energy Corp, BTE] show that its last 5-days average volume of 13.94 million was superior to 10.33 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 23.84%. Additionally, its Average True Range was 0.11.
During the past 100 days, Baytex Energy Corp’s (BTE) raw stochastic average was set at 11.90%, which indicates a significant decrease from 28.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.43% in the past 14 days, which was higher than the 43.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.81, while its 200-day Moving Average is $3.30. Now, the first resistance to watch is $2.42. This is followed by the second major resistance level at $2.47. The third major resistance level sits at $2.55. If the price goes on to break the first support level at $2.29, it is likely to go to the next support level at $2.21. Assuming the price breaks the second support level, the third support level stands at $2.16.
Baytex Energy Corp (NYSE: BTE) Key Stats
The company with the Market Capitalisation of 1.87 billion has total of 780,585K 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 623,650 K and last quarter income was 135,770 K.
