Baytex Energy Corp (NYSE:BTE) shares, rose in value on Wednesday, June 18, with the stock price down by -1.42% to the previous day’s close as strong demand from buyers drove the stock to $2.09.
Actively observing the price movement in the last trading, the stock closed the session at $2.12, falling within a range of $2.07 and $2.15. The value of beta (5-year monthly) was 1.718 whereas the PE ratio was 7.22 over 12-month period. Referring to stock’s 52-week performance, its high was $3.84, and the low was $1.36. On the whole, BTE has fluctuated by 25.15% over the past month.
With the market capitalization of Baytex Energy Corp currently standing at about $1.61 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-05. The company’s Forward Dividend Ratio is 0.06, with its dividend yield at 3.08%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BTE’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of BTE currently trading nearly 15.15% and 21.92% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.10, while the 7-day volatility ratio is showing 4.02% which for the 30-day chart, stands at 3.19%. Furthermore, Baytex Energy Corp (BTE)’s beta value is 0.96, and its average true range (ATR) is 0.11.
A comparison of Baytex Energy Corp (BTE) with its peers suggests the former has fared considerably weaker in the market. BTE showed an intraday change of -1.42% in last session, and over the past year, it shrunk by -34.07%%.
Data on historical trading for Baytex Energy Corp (NYSE:BTE) indicates that the trading volumes over the past 10 days have averaged 79.79 and over the past 3 months, they’ve averaged 50.90 million. According to company’s latest data on outstanding shares, there are 770.04 million shares outstanding.
Nearly 13.51% of Baytex Energy Corp’s shares belong to company insiders and institutional investors own 32.02% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 65.66 million shares as on 2025-05-30, resulting in a short ratio of 1.39. The stock has fallen by -18.99% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BTE stock heading into the next quarter.
