Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) insider Riley Millar Frame sold 27,000 shares of the firm's stock in a transaction dated Monday, August 24th. The shares were sold at an average price of C$24.83, for a total value of C$670,410.00. Following the transaction, the insider owned 145,510 shares of the company's stock, valued at C$3,613,013.30. This trade represents a 15.65% decrease in their ownership of the stock.
Riley Millar Frame also recently made the following trade(s):
- On Thursday, July 2nd, Riley Millar Frame purchased 3,750 shares of Peyto Exploration & Development stock. The shares were acquired at an average price of C$23.84 per share, for a total transaction of C$89,400.00.
- On Thursday, June 25th, Riley Millar Frame sold 3,500 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$23.90, for a total transaction of C$83,650.00.
- On Friday, June 19th, Riley Millar Frame sold 21,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$24.42, for a total transaction of C$512,820.00.
Peyto Exploration & Development Stock Performance
TSE PEY opened at C$25.05 on Tuesday. Peyto Exploration & Development Corp. has a 52-week low of C$17.92 and a 52-week high of C$29.22. The firm has a market cap of C$5.13 billion, a P/E ratio of 10.48, a P/E/G ratio of -0.46 and a beta of -0.51. The business's 50-day moving average price is C$24.71 and its 200 day moving average price is C$25.61. The company has a quick ratio of 0.32, a current ratio of 1.63 and a debt-to-equity ratio of 34.98.
Peyto Exploration & Development (TSE:PEY - Get Free Report) last released its quarterly earnings results on Tuesday, August 11th. The company reported C$0.50 earnings per share (EPS) for the quarter. The company had revenue of C$340.45 million for the quarter. Peyto Exploration & Development had a net margin of 39.78% and a return on equity of 16.96%.
Analysts Set New Price Targets
PEY has been the topic of a number of analyst reports. Scotiabank raised Peyto Exploration & Development to a "hold" rating in a research report on Friday, June 26th. National Bank Financial boosted their target price on shares of Peyto Exploration & Development from C$29.00 to C$30.00 and gave the company an "outperform" rating in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Peyto Exploration & Development has a consensus rating of "Moderate Buy" and an average price target of C$26.64.
Check Out Our Latest Report 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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