The 36-month beta value for BTE is at 1.71. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for BTE is 679.15M, and currently, shorts hold a 6.45% of that float. The average trading volume for BTE on February 14, 2025 was 19.51M shares.
BTE) stock’s latest price update
Baytex Energy Corp (NYSE: BTE) has seen a rise in its stock price by 0.40 in relation to its previous close of 2.47. However, the company has experienced a 1.64% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-27 that Baytex Energy Corp. plans no production growth for fiscal year 2025. The return on Clearwater wells has declined because the company is using lower commodity prices for this budget. Technological advances may drive 0-4% production growth, depending on cost progress and production improvements.
BTE’s Market Performance
Baytex Energy Corp (BTE) has experienced a 1.64% rise in stock performance for the past week, with a -9.82% drop in the past month, and a -14.48% drop in the past quarter. The volatility ratio for the week is 3.85%, and the volatility levels for the past 30 days are at 4.17% for BTE. The simple moving average for the past 20 days is -0.64% for BTE’s stock, with a -20.21% simple moving average for the past 200 days.
BTE Trading at -1.89% from the 50-Day Moving Average
After a stumble in the market that brought BTE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.19% of loss for the given period.
Volatility was left at 4.17%, however, over the last 30 days, the volatility rate increased by 3.85%, as shares sank -5.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.88% lower at present.
During the last 5 trading sessions, BTE rose by +1.84%, which changed the moving average for the period of 200-days by -37.09% in comparison to the 20-day moving average, which settled at $2.50. In addition, Baytex Energy Corp saw -3.88% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BTE
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 0.34 for the gross margin
The net margin for Baytex Energy Corp stands at -0.1. The total capital return value is set at 0.16. Equity return is now at value -8.01, with -4.21 for asset returns.
Based on Baytex Energy Corp (BTE), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.84. The debt to equity ratio resting at 0.57. The interest coverage ratio of the stock is 4.74.
Currently, EBITDA for the company is 691.14 million with net debt to EBITDA at 1.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.4. The receivables turnover for the company is 9.53for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.69.
Conclusion
In conclusion, Baytex Energy Corp (BTE) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
