Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Sells C$415,078.89 in Stock

Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Lee Russell Curran sold 25,797 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of C$16.09, for a total transaction of C$415,078.89.

Lee Russell Curran also recently made the following trade(s):

• On Monday, January 6th, Lee Russell Curran sold 28,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$17.31, for a total transaction of C$484,806.00.
• On Friday, November 22nd, Lee Russell Curran sold 31,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$17.04, for a total transaction of C$528,314.40.

Peyto Exploration & Development Price Performance

Shares of PEY stock opened at C$16.10 on Friday. The company has a quick ratio of 0.32, a current ratio of 1.15 and a debt-to-equity ratio of 50.02. The stock has a market cap of C$3.15 billion, a price-to-earnings ratio of 10.39, a PEG ratio of -0.46 and a beta of 1.75. The business’s fifty day moving average is C$16.53 and its 200 day moving average is C$15.46. Peyto Exploration & Development Corp. has a twelve month low of C$12.41 and a twelve month high of C$17.57.

Peyto Exploration & Development (TSE:PEY) last issued its quarterly earnings results on Tuesday, November 12th. The company reported C$0.26 earnings per share (EPS) for the quarter, missing the consensus estimate 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%.

Analyst Ratings Changes

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