Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) insider Lee Russell Curran sold 28,000 shares of the firm's stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of C$24.75, for a total value of C$693,000.00. Following the sale, the insider directly owned 432,664 shares of the company's stock, valued at approximately C$10,708,434. This represents a 6.08% decrease in their ownership of the stock.
Lee Russell Curran also recently made the following trade(s):
- On Wednesday, June 3rd, Lee Russell Curran sold 31,500 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$26.00, for a total transaction of C$819,000.00.
Peyto Exploration & Development Price Performance
Shares of TSE:PEY opened at C$24.76 on Thursday. The company has a market cap of C$5.07 billion, a P/E ratio of 10.72, a price-to-earnings-growth ratio of -0.46 and a beta of -0.50. The company's fifty day moving average is C$25.20 and its two-hundred day moving average is C$25.17. 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.
Peyto Exploration & Development (TSE:PEY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C$0.82 earnings per share for the quarter. The firm 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%.
Analysts Set New Price Targets
Several research firms have recently issued reports on PEY. National Bank Financial upped their price target on Peyto Exploration & Development from C$29.00 to C$30.00 and gave the stock an "outperform" rating in a research note on Wednesday. Desjardins lifted their target price on shares of Peyto Exploration & Development from C$27.00 to C$31.00 and gave the stock a "buy" rating in a report on Thursday, March 12th. Finally, Scotiabank upgraded Peyto Exploration & Development to a "hold" rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Peyto Exploration & Development presently has a consensus rating of "Moderate Buy" and an average price target of C$26.64.
Get Our Latest Stock Analysis 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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