Baytex Energy Corp (BTE) Shares are Down -5.43%

Baytex Energy Corp (BTE) : During the past 4 weeks, traders have been relatively bearish on Baytex Energy Corp (BTE), hence the stock is down -9.94% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6% relative to the S&P 500. The 4-week change in the price of the stock is -3.86% and the stock has fallen -5.43% in the past 1 week.

Baytex Energy Corp (NYSE:BTE): The stock opened at $5.40 on Friday but the bulls could not build on the opening and the stock topped out at $5.40 for the day. The stock traded down to $5.12 during the day, due to lack of any buying support eventually closed down at $5.23 with a loss of -2.79% for the day. The stock had closed at $5.38 on the previous day. The total traded volume was 2,325,124 shares.

Baytex

The stock has recorded a 20-day Moving Average of 6.61% and the 50-Day Moving Average is 3.37%. Baytex Energy Corp. is up 0.58% in the last 3-month period. Year-to-Date the stock performance stands at 61.42%.

Baytex Energy Corp. (Baytex), through its subsidiaries, is engaged in the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets in Canada (primarily in the provinces of Alberta and Saskatchewan) and in the United States (primarily in the state of Texas). The Companys crude oil and natural gas operations are organized into three business units: Central; Lloydminster; and United States. Each business unit has a portfolio of mineral leases, operated and non-operated properties and development prospects. The Companys wholly owned subsidiaries include include Baytex Energy Ltd., which is engaged in the business of oil and natural gas exploration, exploitation, development, acquisition and production in Canada, and Baytex Energy USA, Inc., which is engaged in the business of oil and natural gas exploration, exploitation, development, acquisition and production in the United States.

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