Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Baytex Energy Corp’s current trading price is -37.97% away from its 52-week high, while its distance from the 52-week low is 15.26%. The stock’s price range over this period has fluctuated between $2.19 and $4.08. The company, operating within the financial sector, had a trading volume of approximately 26.69 million for the day, which was noticeably higher than the average daily share volume of 14.24 million over the last 3 months.
Baytex Energy Corp saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $4.08 on 04/05/24, while the lowest price for the same duration was marked at $2.19 on 12/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Baytex Energy Corp (BTE) has experienced a quarterly decline of -13.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.99B and boasts a workforce of 367 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.87, with a change in price of -1.14. Similarly, Baytex Energy Corp recorded 13,571,742 in trading volume during the last 100 days, posting a change of -31.06%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for BTE stands at 0.57. Similarly, the long-term debt-to-equity ratio is also 0.57.
BTE Stock Stochastic Average
Today, Baytex Energy Corp’s raw stochastic average for the past 50 days stands at 37.43%, indicating a rise from the raw stochastic average of the last 20 days, which was 35.75%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 52.34% and 61.80% respectively.
BTE Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -1.94%.However, over the last six months, we can see a stronger performance of -29.53%. Over the last 30 days, the price of BTE has fallen by 10.48%. And in the last five days, it has fallen by -4.17%.
