Key Points
- Insider Crissy Rafoss sold 8,000 shares on Nov. 24 at C$22.27 for C$178,160, cutting her stake by 28.93% to 19,656 shares valued at about C$437,739.
- Rafoss had earlier accumulated 14,450 shares on Sept. 3 at roughly C$18.50 per share, suggesting prior buying followed by recent partial profit-taking.
- Analysts have recently lifted price targets and the stock has a consensus rating of “Moderate Buy” with an average target of C$22.22; shares trade near their 12‑month high and the company has a market cap of C$4.49 billion and a P/E of 12.1.
Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) insider Crissy Rafoss sold 8,000 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of C$22.27, for a total value of C$178,160.00. Following the sale, the insider directly owned 19,656 shares in the company, valued at approximately C$437,739.12. This trade represents a 28.93% decrease in their ownership of the stock.
Crissy Rafoss also recently made the following trade(s):
- On Wednesday, September 3rd, Crissy Rafoss purchased 5,500 shares of Peyto Exploration & Development stock. The stock was bought at an average price of C$18.51 per share, for a total transaction of C$101,805.00.
- On Wednesday, September 3rd, Crissy Rafoss purchased 4,400 shares of Peyto Exploration & Development stock. The stock was bought at an average cost of C$18.50 per share, with a total value of C$81,400.00.
- On Wednesday, September 3rd, Crissy Rafoss acquired 4,550 shares of Peyto Exploration & Development stock. The shares were purchased at an average cost of C$18.50 per share, with a total value of C$84,175.00.
Peyto Exploration & Development Trading Up 3.8%
Shares of Peyto Exploration & Development stock opened at C$22.26 on Tuesday. The company has a quick ratio of 0.32, a current ratio of 1.28 and a debt-to-equity ratio of 49.96. Peyto Exploration & Development Corp. has a 12-month low of C$14.57 and a 12-month high of C$22.56. The company has a market capitalization of C$4.49 billion, a price-to-earnings ratio of 12.10, a PEG ratio of -0.46 and a beta of -0.16. The firm's 50-day moving average price is C$19.89 and its two-hundred day moving average price is C$19.41.
Wall Street Analyst Weigh In
PEY has been the topic of a number of recent analyst reports. Desjardins raised shares of Peyto Exploration & Development from a "hold" rating to a "buy" rating and lifted their price objective for the company from C$23.50 to C$24.50 in a research note on Monday. TD Securities raised their target price on Peyto Exploration & Development from C$21.00 to C$23.00 in a report on Friday, November 14th. Canaccord Genuity Group boosted their price target on Peyto Exploration & Development from C$20.00 to C$21.50 in a report on Friday, November 14th. Finally, CIBC upped their price objective on Peyto Exploration & Development from C$19.25 to C$21.00 in a research report on Wednesday, October 15th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$22.22.
Read Our Latest Research Report on PEY
Peyto Exploration & Development Company Profile
(
Get Free Report)
Peyto Exploration & Development Corp (Peyto Exploration & Development) is an oil and gas company that involves in the exploration and development of natural gas. The company acquires, explores, develops and produces crude oil and unconventional natural gas reserves.
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