Currently, there are 787.33M common shares owned by the public and among those 678.71M shares have been available to trade.
The company’s stock has a 5-day price change of -3.30% and -9.28% over the past three months. BTE shares are trading 2.33% year to date (YTD), with the 12-month market performance down to -12.29% lower. It has a 12-month low price of $2.19 and touched a high of $4.08 over the same period. BTE has an average intraday trading volume of 13.35 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.69%, -2.45%, and -18.37% respectively.
Institutional ownership of Baytex Energy Corp (NYSE: BTE) shares accounts for 26.81% of the company’s 787.33M shares outstanding.
It has a market capitalization of $2.08B and a beta (3y monthly) value of 1.71. The earnings-per-share (ttm) stands at -$0.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.09% over the week and 3.88% over the month.
Analysts forecast that Baytex Energy Corp (BTE) will achieve an EPS of 0.07 for the current quarter, 0.12 for the next quarter and 0.38 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.07 while analysts give the company a high EPS estimate of 0.07. Comparatively, EPS for the current quarter was -0.35 a year ago. Earnings per share for the fiscal year are expected to increase by 224.84%, and -16.54% over the next financial year.
Canaccord Genuity on their part issued Buy rating on July 21, 2023.
