A new trading day began on Monday, with Baytex Energy Corp (NYSE: BTE) stock price remained unchanged from the previous day of trading, before settling in for the closing price of $1.63. BTE’s price has ranged from $1.36 to $3.96 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 27.09% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 22.86%. With a float of $669.08 million, this company’s outstanding shares have now reached $773.59 million.
In an organization with 370 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 35.93%, operating margin of 32.03%, and the pretax margin is 10.56%.
Baytex Energy Corp (BTE) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Baytex Energy Corp is 13.51%, while institutional ownership is 26.78%.
Baytex Energy Corp (BTE) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.86% per share during the next fiscal year.
Baytex Energy Corp (NYSE: BTE) Trading Performance Indicators
Here are Baytex Energy Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52. Likewise, its price to free cash flow for the trailing twelve months is 2.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.21, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach -0.03 in one year’s time.
Technical Analysis of Baytex Energy Corp (BTE)
Let’s dig in a bit further. During the last 5-days, its volume was 53.76 million. That was better than the volume of 38.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 29.17%. Additionally, its Average True Range was 0.17.
During the past 100 days, Baytex Energy Corp’s (BTE) raw stochastic average was set at 15.61%, which indicates a significant decrease from 27.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 143.54% in the past 14 days, which was higher than the 69.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1714, while its 200-day Moving Average is $2.8359. However, in the short run, Baytex Energy Corp’s stock first resistance to watch stands at $1.6900. Second resistance stands at $1.7500. The third major resistance level sits at $1.8100. If the price goes on to break the first support level at $1.5700, it is likely to go to the next support level at $1.5100. The third support level lies at $1.4500 if the price breaches the second support level.
Baytex Energy Corp (NYSE: BTE) Key Stats
With a market capitalization of 1.26 billion, the company has a total of 770,039K Shares Outstanding. Currently, annual sales are 2,429 M while annual income is 172,670 K. The company’s previous quarter sales were 578,950 K while its latest quarter income was -28,610 K.
