Baytex Energy Corp (NYSE:BTE) traded at $1.87 at close of the session on Monday, June 23 and made a downward move of -9.22%% on its previous day’s price.
Looking at the stock we see that its previous close was $2.06 and the beta (5Y monthly) reads 1.718 with the day’s price range being $1.86 – $2.12. The company has a trailing 12-month PE ratio of 6.46. In terms of its 52-week price range, BTE has a high of $3.84 and a low of $1.36. The company’s stock has gained about 14.72% over that past 30 days.
Baytex Energy Corp has a market cap of $1.44 billion and is expected to release its quarterly earnings report on 2025-May-05. With its Forward Dividend at 0.06 and a yield of 3.44%, the company’s investors could be anxious for the BTE stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the BTE stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Baytex Energy Corp (BTE) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 1.11% off its SMA20 and 8.27% from its 50-day simple moving average. The RSI (14) is pointing at 50.38 while the volatility over the past week is 5.95% and jumps to 4.01% over the past one month.
Coming back to Baytex Energy Corp (NYSE:BTE), we note that the average 3-month trading volume was 51.70 million, while that of the preceding 10-day period stands at 83.8 million. Current shares outstanding are 770.04 million.
The insiders hold 13.51% of the company’s shares while institutions hold 32.02%. The data shows that short shares as of 2025-05-30, stood at 65.66 million at a short ratio of 1.39. Shares short fall in May from the previous month at 69.49 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -43.33% down in year-to-date price movement.
