Baytex Energy Corp. (OTCMKTS:BTEGF – Get Free Report)’s share price fell 2.3% during trading on Wednesday . The stock traded as low as $4.5950 and last traded at $4.61. Approximately 13,480,794 shares traded hands during mid-day trading, an increase of 5,303% from the average daily volume of 249,520 shares. The stock had previously closed at $4.72.
Baytex Energy Stock Down 2.3%
The stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of 3.14 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 stock has a 50 day moving average price of $4.23 and a 200 day moving average price of $4.32.
About Baytex Energy
Baytex Energy is a Canadian energy company engaged in the exploration, development and production of oil and natural gas resources. Headquartered in Calgary, Alberta, the company focuses primarily on developing heavy oil assets in Canada, complemented by light oil and condensate-rich natural gas production in the United States. Baytex operates key oil sands and conventional heavy oil projects in Western Canada’s Peace River and Lloydminster regions, as well as Eagle Ford Shale assets in Texas.
Since its incorporation in 1993, Baytex has expanded its portfolio through strategic acquisitions and organic growth initiatives.
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