Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Baytex Energy Corp (NYSE: BTE) was $1.64 for the day, up 1.23% from the previous closing price of $1.62. In other words, the price has increased by $1.23 from its previous closing price. On the day, 48.6 million shares were traded. BTE stock price reached its highest trading level at $1.69 during the session, while it also had its lowest trading level at $1.5901.
Ratios:
Our analysis of BTE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 109.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.99. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.54.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTE now has a Market Capitalization of 1263724928 and an Enterprise Value of 3533965568. As of this moment, Baytex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.65, and their Forward P/E ratio for the next fiscal year is 9.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.44. Its current Enterprise Value per Revenue stands at 1.062 whereas that against EBITDA is 1.622.
Stock Price History:
The Beta on a monthly basis for BTE is 1.01, which has changed by -0.5591398 over the last 52 weeks, in comparison to a change of 0.09765589 over the same period for the S&P500. Over the past 52 weeks, BTE has reached a high of $3.84, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is -16.08%, while the 200-Day Moving Average is calculated to be -39.44%.
Shares Statistics:
BTE traded an average of 41.85M shares per day over the past three months and 39814670 shares per day over the past ten days. A total of 773.59M shares are outstanding, with a floating share count of 669.08M. Insiders hold about 13.51% of the company’s shares, while institutions hold 26.93% stake in the company. Shares short for BTE as of 1744675200 were 49021434 with a Short Ratio of 1.17, compared to 1741910400 on 42040298.
Dividends & Splits
With its trailing 12-month dividend rate of 0.09, BTE has a forward annual dividend rate of 0.06. Against a Trailing Annual Dividend Yield of 0.055555556The stock’s 5-year Average Dividend Yield is 9.86.
