Baytex Energy Corp (NYSE: BTE) on Monday, plunged -1.65% from the previous trading day, before settling in for the closing price of $2.42. Within the past 52 weeks, BTE’s price has moved between $1.36 and $3.18.
The company achieved an average annual earnings per share of 17.25%. With a float of $664.99 million, this company’s outstanding shares have now reached $768.32 million.
Baytex Energy Corp (BTE) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Baytex Energy Corp is 13.45%, while institutional ownership is 33.20%.
Baytex Energy Corp (BTE) Latest Financial update
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.05 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.07) by -0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.25% per share during the next fiscal year.
Baytex Energy Corp (NYSE: BTE) Trading Performance Indicators
Baytex Energy Corp (BTE) is currently performing well based on its current performance indicators. A quick ratio of 0.58 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.84. Likewise, its price to free cash flow for the trailing twelve months is 6.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.20, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.06 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 17.62 million was inferior to 36.32 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 67.51%.
During the past 100 days, Baytex Energy Corp’s (BTE) raw stochastic average was set at 65.61%, which indicates a significant decrease from 76.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.09 in the past 14 days, which was lower than the 0.10 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.35, while its 200-day Moving Average is $2.09. Now, the first resistance to watch is $2.43. This is followed by the second major resistance level at $2.47. The third major resistance level sits at $2.52. If the price goes on to break the first support level at $2.34, it is likely to go to the next support level at $2.29. The third support level lies at $2.25 if the price breaches the second support level.
Baytex Energy Corp (NYSE: BTE) Key Stats
Market capitalization of the company is 1.83 billion based on 768,300K outstanding shares. Right now, sales total 2,429 M and income totals 172,670 K. The company made 512,740 K in profit during its latest quarter, and 109,570 K in sales during its previous quarter.
