Key Points
- Director Stephen Jonathan Chetner sold 2,909 shares of Peyto Exploration & Development on June 8 at an average price of C$25.75, totaling about C$74,906.75. After the sale, he still owned 96,014 shares, a 2.94% reduction in his holdings.
- The stock traded up 2.1% and opened at C$25.76, near its 50-day moving average of C$25.62 and above its 200-day moving average of C$24.84. Peyto’s shares have ranged from a 12-month low of C$17.92 to a high of C$29.22.
- Analysts currently have a Moderate Buy consensus on PEY with an average target price of C$26.08. Recent ratings were mixed, with TD Securities downgrading to hold while RBC and Desjardins raised their targets and maintained more positive views.
Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) Director Stephen Jonathan Chetner sold 2,909 shares of Peyto Exploration & Development stock in a transaction dated Monday, June 8th. The stock was sold at an average price of C$25.75, for a total value of C$74,906.75. Following the sale, the director directly owned 96,014 shares in the company, valued at approximately C$2,472,360.50. This trade represents a 2.94% decrease in their ownership of the stock.
Stephen Jonathan Chetner also recently made the following trade(s):
- On Friday, March 20th, Stephen Jonathan Chetner purchased 3,000 shares of Peyto Exploration & Development stock. The shares were purchased at an average price of C$28.49 per share, for a total transaction of C$85,470.00.
Peyto Exploration & Development Trading Up 2.1%
Peyto Exploration & Development stock opened at C$25.76 on Tuesday. The business has a 50 day moving average price of C$25.62 and a two-hundred day moving average price of C$24.84. The company has a quick ratio of 0.32, a current ratio of 1.37 and a debt-to-equity ratio of 36.62. Peyto Exploration & Development Corp. has a 12 month low of C$17.92 and a 12 month high of C$29.22. The stock has a market cap of C$5.28 billion, a price-to-earnings ratio of 11.15, a price-to-earnings-growth ratio of -0.46 and a beta of -0.53.
Peyto Exploration & Development (TSE:PEY - Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C$0.82 earnings per share for the quarter. The company had revenue of C$426.40 million for the quarter. Peyto Exploration & Development had a return on equity of 16.78% and a net margin of 40.47%.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on PEY shares. TD Securities lowered shares of Peyto Exploration & Development from a "buy" rating to a "hold" rating and set a C$25.00 price target on the stock. in a report on Friday, February 20th. Royal Bank Of Canada lifted their target price on shares of Peyto Exploration & Development from C$24.00 to C$27.00 and gave the company a "sector perform" rating in a research report on Friday, February 20th. Finally, Desjardins upped their target price on shares of Peyto Exploration & Development from C$27.00 to C$31.00 and gave the company a "buy" rating in a research note on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Peyto Exploration & Development presently has an average rating of "Moderate Buy" and a consensus target price of C$26.08.
View Our Latest Report on PEY
About Peyto Exploration & Development
(
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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