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Baytex Energy (OTCMKTS:BTEGF) Shares Up 4.9% - Here's Why

Baytex Energy logo with Oils/Energy background
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Baytex Energy Corp. (OTCMKTS:BTEGF - Get Free Report)'s share price rose 4.9% during trading on Thursday . The stock traded as high as $2.15 and last traded at $2.13. Approximately 42,916,938 shares changed hands during mid-day trading, an increase of 17,100% from the average daily volume of 249,520 shares. The stock had previously closed at $2.03.

Wall Street Analyst Weigh In

Separately, Raymond James reaffirmed a "market perform" rating on shares of Baytex Energy in a research note on Wednesday, March 5th.

View Our Latest Stock Report on Baytex Energy

Baytex Energy Stock Performance

The firm has a market capitalization of $1.16 billion, a PE ratio of 1.45 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 business's fifty day simple moving average is $2.44 and its 200-day simple moving average is $2.77.

About Baytex Energy

(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.

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