In terms of market performance, Baytex Energy Corp had a fairly uneven. The highest value for the stock in the past year was $4.65 on 11/03/23, and the lowest value was recorded at $2.89 on 06/23/23.
52-week price history of BTE Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Baytex Energy Corp’s current trading price is -24.66% away from its 52-week high, while its distance from the 52-week low is 21.22%. The stock’s price range during this period has spanned from $2.89 to $4.65. In the Energy sector, the Baytex Energy Corp’s shares surpassed a trading volume of approximately 7.27 million for the day, which was noticeably lower compared to the average daily volume of 9.8.65 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Baytex Energy Corp (BTE) has experienced a quarterly rise of 2.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.88B and boasts a workforce of 367 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.40, with a change in price of -0.87. Similarly, Baytex Energy Corp recorded 8,872,829 in trading volume during the last 100 days, posting a change of -19.84%.
Examining BTE’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for BTE stands at 0.64. Similarly, the long-term debt-to-equity ratio is also 0.63.
BTE Stock Stochastic Average
Today’s raw stochastic average for Baytex Energy Corp over the last 50 days is 82.14%.This indicates a increase from the raw stochastic average of the past 20 days, which was 77.68%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 78.87% and 81.95%, respectively.
BTE Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 5.52% this year. Over the last six months, there has been a stronger performance of -16.19%. The price of BTE fallen by 0.38% during the last 30 days period. For the last 5-days stocks have slided -1.04%.
