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

Peyto Exploration & Development Corp. (TSE:PEY) Director Jean-Paul Henri Lachance purchased 5,000 shares of Peyto Exploration & Development stock in a transaction dated Friday, January 31st. The stock was bought at an average price of C$15.85 per share, with a total value of C$79,250.00.

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

• On Monday, January 20th, Jean-Paul Henri Lachance bought 5,000 shares of Peyto Exploration & Development stock. The stock was bought at an average price of C$16.45 per share, with a total value of C$82,250.00.
• 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 value of C$542,070.00.
• On Thursday, December 19th, Jean-Paul Henri Lachance acquired 5,000 shares of Peyto Exploration & Development stock. The stock was purchased 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 transaction 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 transaction 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 transaction of C$508,548.00.

Peyto Exploration & Development Trading Down 2.5 %

PEY stock opened at C$15.69 on Monday. The company has a market capitalization of C$3.07 billion, a PE ratio of 10.12, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75. The company has a debt-to-equity ratio of 50.02, a quick ratio of 0.32 and a current ratio of 1.15. Peyto Exploration & Development Corp. has a one year low of C$12.41 and a one year high of C$17.57. The company’s 50 day moving average price is C$16.50 and its two-hundred day moving average price is C$15.47.

Peyto Exploration & Development (TSE:PEY) last issued its earnings results 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%.

Analyst Upgrades and Downgrades

PEY has been the topic of several recent analyst reports. BMO Capital Markets raised their price target on Peyto Exploration & Development from C$17.50 to C$18.50 in a report on Tuesday, January 14th. CIBC lifted 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. Finally, Atlantic Securities increased their price target on shares of 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. One research analyst has rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, 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.