Baytex Energy (OTCMKTS:BTEGF) Stock Jumps 0.2% – Time to Buy?

Baytex Energy Corp. (OTCMKTS:BTEGF – Get Free Report) shares were up 0.2% on Monday. The stock traded as high as $5.44 and last traded at $5.38. 18,323,728 shares traded hands during mid-day trading, an increase of 7,244% from the average daily volume of 249,520 shares. The stock had previously closed at $5.37.

Baytex Energy Stock Down 0.2%

The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 3.25 and a beta of 2.16. The firm’s fifty day moving average price is $4.93 and its two-hundred day moving average price is $4.40. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.81 and a quick ratio of 0.81.

Baytex Energy Company Profile

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Baytex Energy Corp. is a Canadian oil and natural gas company engaged in the exploration, development and production of crude oil, natural gas liquids and natural gas. The company focuses on developing assets in established North American petroleum basins and uses horizontal drilling and hydraulic fracturing, where appropriate, to produce hydrocarbons.

Baytex’s operations are concentrated in Western Canada and the Eagle Ford shale in South Texas. Its Canadian portfolio includes heavy oil and light oil assets in Alberta and Saskatchewan, while its U.S.

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