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

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

Baytex Energy Price Performance

The company has a debt-to-equity ratio of 0.40, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market capitalization of $1.28 billion, a P/E ratio of 1.59 and a beta of 2.16. The firm’s 50-day moving average is $2.87 and its 200-day 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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