Baytex Energy Corp. (OTCMKTS:BTEGF – Get Free Report)’s share price traded down 2.3% during mid-day trading on Wednesday . The stock traded as low as $4.5950 and last traded at $4.61. 13,480,794 shares were traded during trading, an increase of 5,303% from the average daily volume of 249,520 shares. The stock had previously closed at $4.72.
Baytex Energy Stock Performance
The firm has a market cap of $2.51 billion, a P/E ratio of 3.14 and a beta of 2.16. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.81. The company’s 50 day moving average is $4.22 and its 200 day moving average is $4.31.
About Baytex Energy
Baytex Energy is a Canadian energy company engaged in the exploration, development and production of oil and natural gas resources. Headquartered in Calgary, Alberta, the company focuses primarily on developing heavy oil assets in Canada, complemented by light oil and condensate-rich natural gas production in the United States. Baytex operates key oil sands and conventional heavy oil projects in Western Canada’s Peace River and Lloydminster regions, as well as Eagle Ford Shale assets in Texas.
Since its incorporation in 1993, Baytex has expanded its portfolio through strategic acquisitions and organic growth initiatives.
Recommended Stories
- Five stocks we like better than Baytex Energy
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Receive News & Ratings for Baytex Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baytex Energy and related companies with MarketBeat.com's FREE daily email newsletter.
