Key Points
- Insider selling: Crissy Rafoss sold 6,900 shares on Nov. 18 at C$21.75 (C$150,075) and an additional 8,000 shares on Nov. 24 at C$22.27 (C$178,160); following the Nov. 18 trade she directly owned 19,656 shares (a 25.98% reduction).
- Analyst sentiment: Several firms raised price targets and ratings (TD to C$25 buy, Desjardins to C$24.50 buy, Canaccord to C$21.50, CIBC to C$21.00), leaving a consensus rating of "Moderate Buy" and a consensus target of C$22.44.
- Stock snapshot: PEY opened at C$22.98, trades above its 50‑day (C$21.01) and 200‑day (C$19.74) SMAs, has a 12‑month range of C$14.57–C$23.74, a market cap of C$4.64B and a P/E of 12.49.
Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) insider Crissy Rafoss sold 6,900 shares of Peyto Exploration & Development stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of C$21.75, for a total transaction of C$150,075.00. Following the completion of the transaction, the insider directly owned 19,656 shares in the company, valued at approximately C$427,518. The trade was a 25.98% decrease in their ownership of the stock.
Crissy Rafoss also recently made the following trade(s):
- On Monday, November 24th, Crissy Rafoss sold 8,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$22.27, for a total transaction of C$178,160.00.
Peyto Exploration & Development Price Performance
Shares of Peyto Exploration & Development stock opened at C$22.98 on Friday. The company's fifty day simple moving average is C$21.01 and its two-hundred day simple moving average is C$19.74. Peyto Exploration & Development Corp. has a 12-month low of C$14.57 and a 12-month high of C$23.74. The firm has a market cap of C$4.64 billion, a PE ratio of 12.49, a price-to-earnings-growth ratio of -0.46 and a beta of -0.28. The company has a quick ratio of 0.32, a current ratio of 1.28 and a debt-to-equity ratio of 49.96.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the company. TD Securities upped their price target on Peyto Exploration & Development from C$23.00 to C$25.00 and gave the company a "buy" rating in a research report on Thursday. Canaccord Genuity Group boosted their target price on Peyto Exploration & Development from C$20.00 to C$21.50 in a research note on Friday, November 14th. Desjardins raised Peyto Exploration & Development from a "hold" rating to a "buy" rating and raised their price target for the stock from C$23.50 to C$24.50 in a research note on Monday, November 24th. Finally, CIBC boosted their price objective on shares of Peyto Exploration & Development from C$19.25 to C$21.00 in a research report on Wednesday, October 15th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of C$22.44.
Check Out Our Latest Stock Report on Peyto Exploration & Development
About Peyto Exploration & Development
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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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