Baytex Energy Corp. (OTCMKTS:BTEGF - Get Free Report) shares shot up 2.2% during trading on Thursday . The company traded as high as $1.90 and last traded at $1.87. 23,878,235 shares traded hands during trading, an increase of 9,470% from the average session volume of 249,520 shares. The stock had previously closed at $1.83.
Wall Street Analyst Weigh In
Separately, National Bankshares reaffirmed an "outperform" rating on shares of Baytex Energy in a research report on Tuesday, May 6th.
View Our Latest Analysis on Baytex Energy
Baytex Energy Stock Down 2.1%
The company has a market cap of $997.22 million, a P/E ratio of 1.24 and a beta of 2.16. The company has a 50 day moving average of $1.77 and a 200-day moving average of $2.08. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.81 and a quick ratio of 0.81.
Baytex Energy Company Profile
(
Get Free Report)
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.
See Also
Before you consider Baytex Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Baytex Energy wasn't on the list.
While Baytex Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.