Baytex Energy (OTCMKTS:BTEGF) Hits New 1-Year Low – Should You Sell?

Baytex Energy Corp. (OTCMKTS:BTEGFGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as $2.95 and last traded at $3.00, with a volume of 9737570 shares traded. The stock had previously closed at $2.94.

Baytex Energy Trading Up 2.0 %

The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 2.00 and a beta of 2.16. The business’s 50-day moving average price is $3.03 and its 200 day moving average price is $3.33. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.81 and a quick 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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