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 Peyto Exploration & Development stock in a transaction that occurred on Wednesday, January 29th. The stock was sold at an average price of C$15.99, for a total transaction 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 transaction 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 Up 0.1 %

Shares of PEY traded up C$0.01 during trading hours on Wednesday, reaching C$15.95. The stock had a trading volume of 219,343 shares, compared to its average volume of 814,061. The firm has a 50-day simple moving average of C$16.56 and a 200 day simple moving average of C$15.44. Peyto Exploration & Development Corp. has a 12 month low of C$12.41 and a 12 month high of C$17.57. The company has a current ratio of 1.15, a quick ratio of 0.32 and a debt-to-equity ratio of 50.02. The company has a market capitalization of C$3.12 billion, a price-to-earnings ratio of 10.29, a P/E/G ratio of -0.46 and a beta of 1.75.

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

Wall Street Analyst Weigh In

Several research analysts have commented on PEY shares. CIBC lifted their target price on Peyto Exploration & Development from C$17.00 to C$17.50 in a report on Friday, January 17th. TD Securities cut their price objective on Peyto Exploration & Development from C$19.00 to C$18.00 in a research note on Tuesday, October 1st. Atlantic Securities increased their target price on shares of Peyto Exploration & Development from C$17.50 to C$18.50 and gave the company an “outperform” rating in a research report on Monday, October 7th. Finally, BMO Capital Markets boosted their price target on shares of Peyto Exploration & Development from C$17.50 to C$18.50 in a research report on Tuesday, January 14th. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average 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.