Baytex Energy (OTCMKTS:BTEGF) Hits New 12-Month Low – Here’s Why

Baytex Energy Corp. (OTCMKTS:BTEGFGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as $2.81 and last traded at $2.85, with a volume of 16244063 shares traded. The stock had previously closed at $2.97.

Baytex Energy Stock Performance

The firm’s 50 day moving average is $3.17 and its 200-day moving average is $3.40. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 1.94 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.

Baytex Energy Company Profile

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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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