Key Points
- Insider Riley Millar Frame bought 11,500 shares on Dec. 15 at an average price of C$22.78, a transaction worth C$261,970 that raised their holding by 9.8% to 128,877 shares (≈C$2.94M).
- Several brokerages recently raised ratings and targets (Desjardins, TD, Canaccord, CIBC), leaving a consensus rating of Moderate Buy with a consensus price target of C$22.44.
- Peyto trades with a market cap of C$4.63B and a PE of 12.47, and has a one‑year range of C$14.57 to C$23.74.
Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) insider Riley Millar Frame bought 11,500 shares of the business's stock in a transaction on Monday, December 15th. The stock was bought at an average cost of C$22.78 per share, for a total transaction of C$261,970.00. Following the purchase, the insider directly owned 128,877 shares of the company's stock, valued at approximately C$2,935,818.06. This trade represents a 9.80% increase in their position.
Riley Millar Frame also recently made the following trade(s):
- On Tuesday, November 18th, Riley Millar Frame sold 23,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$21.48, for a total value of C$494,040.00.
Peyto Exploration & Development Stock Performance
Shares of PEY stock opened at C$22.95 on Tuesday. The stock has a market cap of C$4.63 billion, a PE ratio of 12.47, a price-to-earnings-growth ratio of -0.46 and a beta of -0.28. The stock has a 50-day moving average of C$21.09 and a 200-day moving average of C$19.78. The company has a debt-to-equity ratio of 49.96, a current ratio of 1.28 and a quick ratio of 0.32. Peyto Exploration & Development Corp. has a one year low of C$14.57 and a one year high of C$23.74.
Analyst Upgrades and Downgrades
Several brokerages have commented on PEY. Desjardins raised shares of Peyto Exploration & Development from a "hold" rating to a "buy" rating and upped their target price for the company from C$23.50 to C$24.50 in a research note on Monday, November 24th. TD Securities boosted their price target on shares of Peyto Exploration & Development from C$23.00 to C$25.00 and gave the company a "buy" rating in a report on Thursday, December 11th. Canaccord Genuity Group raised their price objective on Peyto Exploration & Development from C$20.00 to C$21.50 in a research note on Friday, November 14th. Finally, CIBC lifted their target price on Peyto Exploration & Development from C$19.25 to C$21.00 in a 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 data from MarketBeat.com, Peyto Exploration & Development currently has an average rating of "Moderate Buy" and a consensus price target of C$22.44.
Get Our Latest Stock Report on Peyto Exploration & Development
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
