Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) Senior Officer Derick Nathan Czember sold 62,000 shares of the business's stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of C$16.18, for a total value of C$1,002,936.80.
Derick Nathan Czember also recently made the following trade(s):
- On Tuesday, December 10th, Derick Nathan Czember sold 11,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$16.40, for a total transaction of C$180,400.00.
Peyto Exploration & Development Stock Performance
PEY stock traded down C$0.02 during midday trading on Friday, reaching C$16.37. The company had a trading volume of 1,041,030 shares, compared to its average volume of 871,511. The firm has a market capitalization of C$3.20 billion, a PE ratio of 10.56, a P/E/G ratio of -0.46 and a beta of 1.75. The stock has a 50 day moving average price of C$16.43 and a 200 day moving average price of C$15.36. Peyto Exploration & Development Corp. has a fifty-two week low of C$12.41 and a fifty-two week high of C$17.57. The company has a quick ratio of 0.32, a current ratio of 1.15 and a debt-to-equity ratio of 50.02.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on PEY. BMO Capital Markets upped their target price on shares of Peyto Exploration & Development from C$17.50 to C$18.50 in a research report on Tuesday. TD Securities decreased their price target on shares of Peyto Exploration & Development from C$19.00 to C$18.00 in a report on Tuesday, October 1st. National Bankshares upped their price objective on Peyto Exploration & Development from C$18.00 to C$18.50 in a report on Friday, September 27th. CIBC lifted their target price on Peyto Exploration & Development from C$17.00 to C$17.50 in a report on Friday. Finally, Atlantic Securities upped their price target on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the stock an "outperform" rating in a research note on Monday, October 7th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Peyto Exploration & Development presently has an average rating of "Buy" and a consensus price target of C$17.85.
Check Out Our Latest Research Report on Peyto Exploration & Development
Peyto Exploration & Development Company Profile
(
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Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.
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