Baytex Energy (OTCMKTS:BTEGF) Shares Down 10.3% - Here's What Happened

Baytex Energy Corp. (OTCMKTS:BTEGF - Get Free Report)'s share price was down 10.3% during trading on Friday . The company traded as low as $1.99 and last traded at $2.00. Approximately 67,490,715 shares traded hands during trading, an increase of 26,948% from the average daily volume of 249,520 shares. The stock had previously closed at $2.23.

Analyst Ratings Changes

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

Baytex Energy Stock Down 9.8 %

The stock has a market cap of $806.50 million, a PE ratio of 1.01 and a beta of 2.16. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.40. The firm has a fifty day moving average of $2.24 and a 200 day moving average of $2.61.

Baytex Energy Company Profile

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.