Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) Director Jean-Paul Henri Lachance sold 46,000 shares of the firm's stock in a transaction on Thursday, June 11th. The stock was sold at an average price of C$25.60, for a total value of C$1,177,600.00. Following the sale, the director directly owned 534,813 shares in the company, valued at C$13,691,212.80. The trade was a 7.92% decrease in their position.
Jean-Paul Henri Lachance also recently made the following trade(s):
- On Friday, April 17th, Jean-Paul Henri Lachance acquired 5,000 shares of Peyto Exploration & Development stock. The shares were acquired at an average cost of C$23.73 per share, for a total transaction of C$118,650.00.
Peyto Exploration & Development Stock Performance
PEY opened at C$25.28 on Friday. The business's 50-day moving average price is C$25.51 and its two-hundred day moving average price is C$24.91. Peyto Exploration & Development Corp. has a 1 year low of C$17.92 and a 1 year high of C$29.22. The company has a market capitalization of C$5.18 billion, a price-to-earnings ratio of 10.94, a P/E/G ratio of -0.46 and a beta of -0.53. The company has a debt-to-equity ratio of 36.62, a current ratio of 1.37 and a quick ratio of 0.32.
Peyto Exploration & Development (TSE:PEY - Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported C$0.82 earnings per share (EPS) for the quarter. Peyto Exploration & Development had a return on equity of 16.78% and a net margin of 40.47%.The firm had revenue of C$426.40 million for the quarter.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on PEY shares. TD Securities downgraded Peyto Exploration & Development from a "buy" rating to a "hold" rating and set a C$25.00 price target on the stock. in a research note on Friday, February 20th. Desjardins lifted their price target on 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. Finally, Royal Bank Of Canada lifted their price target on Peyto Exploration & Development from C$24.00 to C$27.00 and gave the company a "sector perform" rating in a research note on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Peyto Exploration & Development currently has a consensus rating of "Moderate Buy" and an average target price of C$26.08.
Read Our Latest Research 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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