Baytex Energy (OTCMKTS:BTEGF) Trading 3.3% Higher – Still a Buy?

Baytex Energy Corp. (OTCMKTS:BTEGFGet Free Report) traded up 3.3% on Wednesday . The stock traded as high as $2.54 and last traded at $2.53. 21,147,573 shares were traded during mid-day trading, an increase of 8,375% from the average session volume of 249,520 shares. The stock had previously closed at $2.45.

Baytex Energy Price Performance

The stock has a market cap of $1.38 billion, a P/E ratio of 1.72 and a beta of 2.16. The firm has a 50-day moving average price of $2.52 and a 200-day moving average price of $2.90. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.81.

About Baytex Energy

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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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