Jean-Paul Henri Lachance Purchases 5,000 Shares of Peyto Exploration & Development Corp. (TSE:PEY) Stock

Peyto Exploration & Development Corp. (TSE:PEY) Director Jean-Paul Henri Lachance purchased 5,000 shares of the business’s stock in a transaction that occurred on Monday, January 20th. The stock was acquired at an average price of C$16.45 per share, for a total transaction of C$82,250.00.

Jean-Paul Henri Lachance also recently made the following trade(s):

• On Wednesday, January 15th, Jean-Paul Henri Lachance sold 31,700 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$17.10, for a total transaction of C$542,070.00.
• On Thursday, December 19th, Jean-Paul Henri Lachance purchased 5,000 shares of Peyto Exploration & Development stock. The stock was bought at an average price of C$15.50 per share, with a total value of C$77,500.00.
• On Thursday, December 5th, Jean-Paul Henri Lachance sold 54,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$16.00, for a total value of C$864,000.00.
• On Thursday, November 28th, Jean-Paul Henri Lachance sold 4,500 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$16.75, for a total value of C$75,375.00.
• On Thursday, November 21st, Jean-Paul Henri Lachance sold 30,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$16.95, for a total value of C$508,548.00.

Peyto Exploration & Development Stock Performance

Shares of PEY stock traded up C$0.13 on Monday, hitting C$16.50. 552,151 shares of the stock traded hands, compared to its average volume of 846,944. The company has a market capitalization of C$3.23 billion, a PE ratio of 10.65, a PEG ratio of -0.46 and a beta of 1.75. The company’s fifty day moving average is C$16.43 and its 200 day moving average is C$15.36. The company has a debt-to-equity ratio of 50.02, a current ratio of 1.15 and a quick ratio of 0.32. Peyto Exploration & Development Corp. has a 1-year low of C$12.41 and a 1-year high of C$17.57.

Analyst Ratings Changes

Several research analysts have recently weighed in on PEY shares. National Bankshares upped their target price on shares of Peyto Exploration & Development from C$18.00 to C$18.50 in a research note on Friday, September 27th. BMO Capital Markets upped their price objective on shares of Peyto Exploration & Development from C$17.50 to C$18.50 in a research report on Tuesday, January 14th. TD Securities dropped their target price on Peyto Exploration & Development from C$19.00 to C$18.00 in a research report on Tuesday, October 1st. Atlantic Securities increased their price target on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the company an “outperform” rating in a report on Monday, October 7th. Finally, CIBC lifted their price objective on Peyto Exploration & Development from C$17.00 to C$17.50 in a report on Friday. One research analyst has rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Peyto Exploration & Development currently has a consensus rating of “Buy” and a consensus price target of C$17.85.

Peyto Exploration & Development Company Profile

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.