Baytex Energy (OTCMKTS:BTEGF) Stock Price Down 0.5% - Time to Sell?

Key Points

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Baytex Energy Corp. (OTCMKTS:BTEGF - Get Free Report)'s stock price traded down 0.5% during mid-day trading on Monday . The stock traded as low as $1.99 and last traded at $2.01. 15,834,335 shares changed hands during mid-day trading, an increase of 6,246% from the average session volume of 249,520 shares. The stock had previously closed at $2.02.

Analysts Set New Price Targets

Separately, National Bankshares restated an "outperform" rating on shares of Baytex Energy in a research report on Tuesday, May 6th.

Baytex Energy Price Performance

The company has a 50 day simple moving average of $1.98 and a 200-day simple moving average of $1.96. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 1.37 and a beta of 2.16. The company has a current ratio of 0.81, a quick 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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