Peyto Exploration & Development Corp. (TSE:PEY – Get Free Report) Senior Officer Todd Burdick sold 21,693 shares of Peyto Exploration & Development stock in a transaction on Monday, June 24th. The stock was sold at an average price of C$14.73, for a total value of C$319,537.89.
Todd Burdick also recently made the following trade(s):
- On Thursday, June 13th, Todd Burdick sold 9,803 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$15.26, for a total value of C$149,593.78.
- On Monday, June 10th, Todd Burdick sold 9,728 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$15.43, for a total value of C$150,103.04.
Peyto Exploration & Development Price Performance
PEY opened at C$14.66 on Thursday. The business’s 50-day moving average is C$15.19 and its two-hundred day moving average is C$14.14. Peyto Exploration & Development Corp. has a 1 year low of C$10.65 and a 1 year high of C$15.99. The company has a debt-to-equity ratio of 50.61, a current ratio of 1.55 and a quick ratio of 0.32. The firm has a market capitalization of C$2.85 billion, a PE ratio of 9.05, a price-to-earnings-growth ratio of -0.46 and a beta of 1.85.
Peyto Exploration & Development Announces Dividend
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on PEY shares. TD Securities upgraded Peyto Exploration & Development to a “strong-buy” rating in a research report on Friday, June 21st. Scotiabank upgraded Peyto Exploration & Development to a “strong-buy” rating in a research report on Friday, June 14th. CIBC lifted their price objective on Peyto Exploration & Development from C$16.00 to C$17.50 and gave the company an “outperform” rating in a report on Wednesday, May 15th. BMO Capital Markets lifted their price objective on Peyto Exploration & Development from C$14.00 to C$16.50 and gave the company a “market perform” rating in a report on Monday, March 11th. Finally, Canaccord Genuity Group lifted their price objective on Peyto Exploration & Development from C$17.00 to C$18.00 and gave the company a “buy” rating in a report on Wednesday, May 15th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Peyto Exploration & Development has an average rating of “Buy” and a consensus target price of C$16.59.
Check Out Our Latest Report on Peyto Exploration & Development
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.
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