Baytex Energy (OTCMKTS:BTEGF) Hits New 1-Year Low – What’s Next?

Shares of Baytex Energy Corp. (OTCMKTS:BTEGFGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $2.37 and last traded at $2.37, with a volume of 9560280 shares trading hands. The stock had previously closed at $2.50.

Baytex Energy Stock Performance

The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $1.28 billion, a P/E ratio of 1.59 and a beta of 2.16. The business’s 50 day simple moving average is $2.87 and its two-hundred day simple moving average is $3.21.

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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