Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) Director Jean-Paul Henri Lachance sold 32,500 shares of the firm's stock in a transaction on Friday, July 17th. The stock was sold at an average price of C$24.02, for a total transaction of C$780,650.00. Following the transaction, the director directly owned 534,813 shares of the company's stock, valued at approximately C$12,846,208.26. This trade represents a 5.73% decrease in their position.
Jean-Paul Henri Lachance also recently made the following trade(s):
- On Thursday, June 11th, Jean-Paul Henri Lachance sold 46,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$25.60, for a total transaction of C$1,177,600.00.
Peyto Exploration & Development Price Performance
TSE:PEY opened at C$24.25 on Friday. The firm's fifty day moving average is C$25.01 and its two-hundred day moving average is C$25.22. The firm has a market cap of C$4.97 billion, a price-to-earnings ratio of 10.50, a PEG ratio of -0.46 and a beta of -0.50. The company has a debt-to-equity ratio of 36.62, a quick ratio of 0.32 and a current ratio of 1.37. Peyto Exploration & Development Corp. has a one year low of C$17.92 and a one year high of C$29.22.
Peyto Exploration & Development (TSE:PEY - Get Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported C$0.82 earnings per share for the quarter. The business had revenue of C$426.40 million during the quarter. Peyto Exploration & Development had a return on equity of 16.78% and a net margin of 40.47%.
Wall Street Analysts Forecast Growth
PEY has been the subject of several recent research reports. Scotiabank upgraded Peyto Exploration & Development to a "hold" rating in a research report on Friday, June 26th. National Bank Financial upped their price objective on Peyto Exploration & Development from C$29.00 to C$30.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Peyto Exploration & Development currently has a consensus rating of "Moderate Buy" and a consensus target price of C$26.64.
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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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