On Friday, Baytex Energy Corp (NYSE: BTE) was unchanged from the session before settling in for the closing price of $2.19. A 52-week range for BTE has been $1.90 – $4.08.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 27.09%. When this article was written, the company’s average yearly earnings per share was at 18.50%. With a float of $669.08 million, this company’s outstanding shares have now reached $773.59 million.
Considering the fact that the conglomerate employs 370 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 35.93%, operating margin of 26.57%, and the pretax margin is 10.56%.
Baytex Energy Corp (BTE) Insider Activity
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 13.52%, while institutional ownership is 26.40%.
Baytex Energy Corp (BTE) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 18.50% per share during the next fiscal year.
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 0.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.70. Likewise, its price to free cash flow for the trailing twelve months is 3.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.21, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.11 in one year’s time.
Technical Analysis of Baytex Energy Corp (BTE)
Compared to the last year’s volume of 35.26 million, its volume of 48.7 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 90.60%. Additionally, its Average True Range was 0.11.
During the past 100 days, Baytex Energy Corp’s (BTE) raw stochastic average was set at 22.66%, which indicates a significant decrease from 90.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.07% in the past 14 days, which was higher than the 43.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.38, while its 200-day Moving Average is $2.95. Nevertheless, the first resistance level for the watch stands at $2.22 in the near term. At $2.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.29. If the price goes on to break the first support level at $2.15, it is likely to go to the next support level at $2.10. Should the price break the second support level, the third support level stands at $2.08.
Baytex Energy Corp (NYSE: BTE) Key Stats
There are 770,958K outstanding shares of the company, which has a market capitalization of 1.69 billion. As of now, sales total 2,429 M while income totals 172,670 K. Its latest quarter income was 578,950 K while its last quarter net income were -28,610 K.
