Peyto Exploration & Development Corp. (TSE:PEY) Director Sells C$112,145.72 in Stock

Peyto Exploration & Development Corp. (TSE:PEY) Director Stephen Jonathan Chetner sold 7,012 shares of the firm’s stock in a transaction that occurred on Wednesday, January 29th. The shares were sold at an average price of C$15.99, for a total value of C$112,145.72.

Stephen Jonathan Chetner also recently made the following trade(s):

• On Monday, December 16th, Stephen Jonathan Chetner sold 4,797 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$15.82, for a total value of C$75,907.73.
• On Thursday, December 12th, Stephen Jonathan Chetner sold 2,565 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$16.44, for a total transaction of C$42,166.55.

Peyto Exploration & Development Stock Performance

Shares of TSE PEY opened at C$15.69 on Friday. The firm has a market capitalization of C$3.07 billion, a price-to-earnings ratio of 10.12, a PEG ratio of -0.46 and a beta of 1.75. Peyto Exploration & Development Corp. has a one year low of C$12.41 and a one year high of C$17.57. The business has a fifty day simple moving average of C$16.50 and a 200 day simple moving average of C$15.46. The company has a current ratio of 1.15, a quick ratio of 0.32 and a debt-to-equity ratio of 50.02.

Peyto Exploration & Development (TSE:PEY) last released its quarterly earnings data on Tuesday, November 12th. The company reported C$0.26 EPS for the quarter, missing analysts’ consensus estimates of C$0.27 by C($0.01). Peyto Exploration & Development had a return on equity of 11.86% and a net margin of 32.88%.

Wall Street Analyst Weigh In

PEY has been the subject of a number of research analyst reports. CIBC boosted their target price on shares of Peyto Exploration & Development from C$17.00 to C$17.50 in a research report on Friday, January 17th. Atlantic Securities increased their target price on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the company an “outperform” rating in a research note on Monday, October 7th. Finally, BMO Capital Markets raised their target price on Peyto Exploration & Development from C$17.50 to C$18.50 in a report on Tuesday, January 14th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$17.85.

About Peyto Exploration & Development

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.