Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) Senior Officer Riley Millar Frame bought 3,300 shares of the firm's stock in a transaction that occurred on Monday, December 16th. The stock was bought at an average cost of C$15.90 per share, for a total transaction of C$52,470.00.
Peyto Exploration & Development Price Performance
TSE PEY traded down C$0.29 on Monday, reaching C$15.90. The company had a trading volume of 884,892 shares, compared to its average volume of 913,855. The stock has a market capitalization of C$3.11 billion, a PE ratio of 10.26, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75. Peyto Exploration & Development Corp. has a 12 month low of C$11.95 and a 12 month high of C$17.27. The company has a quick ratio of 0.32, a current ratio of 1.15 and a debt-to-equity ratio of 50.02. The firm's 50 day moving average price is C$15.82 and its 200 day moving average price is C$15.09.
Peyto Exploration & Development Announces Dividend
The company also recently announced a monthly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were given a $0.11 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.30%. Peyto Exploration & Development's dividend payout ratio is currently 85.16%.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on PEY. National Bankshares upped their price target on Peyto Exploration & Development from C$18.00 to C$18.50 in a research report on Friday, September 27th. BMO Capital Markets raised their target price on shares of Peyto Exploration & Development from C$16.50 to C$17.50 in a research note on Friday. Atlantic Securities upped their price target on shares of Peyto Exploration & Development from C$17.50 to C$18.50 and gave the stock an "outperform" rating in a research report on Monday, October 7th. Finally, TD Securities reduced their price objective on shares of Peyto Exploration & Development from C$19.00 to C$18.00 in a research note on Tuesday, October 1st. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of C$17.70.
Read Our Latest 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.
Further Reading
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