Baytex Energy Corp [NYSE: BTE] traded at a high on Friday, posting a 3.98 gain after which it closed the day’ session at $2.09.
The results of the trading session contributed to over 73311306 shares changing hands. Over the past one week, the price volatility of Baytex Energy Corp stands at 3.37% while the volatility over the past one month is 3.00%.
The market cap for BTE stock reached $1.61 billion, with 770.04 million shares outstanding and 664.73 million shares in the current float. Compared to the average trading volume of 49.62M shares, BTE reached a trading volume of 73311306 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Baytex Energy Corp [BTE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTE shares is $2.89 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BTE stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Baytex Energy Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on October 18, 2024. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price to Market Perform. The new note on the price target was released on April 09, 2024, representing the official price target for Baytex Energy Corp stock.
The Average True Range (ATR) for Baytex Energy Corp is set at 0.11, with the Price to Sales ratio for BTE stock in the period of the last 12 months amounting to 0.67. The Price to Book ratio for the last quarter was 0.55, with the Price to Cash per share for the same quarter was set at 0.01. Price to Free Cash Flow for BTE in the course of the last twelve months was 3.27 with Quick ratio for the last quarter at 0.63.
How has BTE stock performed recently?
Baytex Energy Corp [BTE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.42. With this latest performance, BTE shares gained by 14.84% in over the last four-week period, additionally sinking by -17.06% over the last 6 months – not to mention a drop of -38.35% in the past year of trading.
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Baytex Energy Corp [BTE]: Deeper insight into the fundamentals
Baytex Energy Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.63 and a Current Ratio set at 0.63.
