Market Insights: Baytex Energy Corp (BTE)’s Notable Drop of -4.00, Closing at 2.64

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As of close of business last night, Baytex Energy Corp’s stock clocked out at $2.64, down -4.00% from its previous closing price of $2.75. In other words, the price has decreased by -$4.00 from its previous closing price. On the day, 28.83 million shares were traded. BTE stock price reached its highest trading level at $2.775 during the session, while it also had its lowest trading level at $2.64.

Ratios:

To gain a deeper understanding of BTE’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 131.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.93. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.69. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.57.

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 2078546048 and an Enterprise Value of 4340704768. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 1.294 whereas that against EBITDA is 1.93.

Stock Price History:

The Beta on a monthly basis for BTE is 1.71, which has changed by -0.120000005 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, BTE has reached a high of $4.08, while it has fallen to a 52-week low of $2.19. The 50-Day Moving Average of the stock is -2.76%, while the 200-Day Moving Average is calculated to be -18.52%.

Shares Statistics:

It appears that BTE traded 13.11M shares on average per day over the past three months and 21530980 shares per day over the past ten days. A total of 787.33M shares are outstanding, with a floating share count of 678.71M. Insiders hold about 13.80% of the company’s shares, while institutions hold 26.78% stake in the company. Shares short for BTE as of 1735603200 were 51069292 with a Short Ratio of 4.09, compared to 1732838400 on 48264583.

Dividends & Splits

With its trailing 12-month dividend rate of 0.09, BTE has a forward annual dividend rate of 0.07. Against a Trailing Annual Dividend Yield of 0.032727275The stock’s 5-year Average Dividend Yield is 9.86.

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