Baytex Energy (OTCMKTS:BTEGF) Shares Up 0.5% - Here's What Happened

Key Points

• Baytex Energy Corp. shares rose by 0.5%, trading between $2.25 and $2.19 with a significant volume increase of 8,256% compared to its average session.
• The company has a current market capitalization of $1.19 billion and operates primarily in oil and gas exploration in the Western Canadian Sedimentary Basin and the Eagle Ford in the U.S.
• Baytex Energy's stock shows a PE ratio of 1.49 and a beta of 2.16, indicating its volatility compared to the market.

Baytex Energy Corp. (OTCMKTS:BTEGF - ) shot up 0.5% on Tuesday . The stock traded as high as $2.25 and last traded at $2.19. 20,849,374 shares traded hands during mid-day trading, an increase of 8,256% from the average session volume of 249,520 shares. The stock had previously closed at $2.18.

Baytex Energy Stock Performance

The firm has a market cap of $1.19 billion, a PE ratio of 1.49 and a beta of 2.16. The firm has a 50-day moving average price of $2.05 and a two-hundred day moving average price of $1.93. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.40.

About Baytex Energy

Baytex Energy Corp. operates as an oil & gas exploration and production company. It engages in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company was founded in 1993 and is headquartered in Calgary, Canada.

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