Insider Selling: Peyto Exploration & Development (TSE:PEY) Director Sells C$74,906.75 in Stock

Peyto Exploration & Development Corp. (TSE:PEYGet Free Report) Director Stephen Jonathan Chetner sold 2,909 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of C$25.75, for a total value of C$74,906.75. Following the completion of the transaction, the director owned 96,014 shares in the company, valued at approximately C$2,472,360.50. This trade represents a 2.94% decrease in their ownership of the stock.

Stephen Jonathan Chetner also recently made the following trade(s):

  • On Friday, March 20th, Stephen Jonathan Chetner acquired 3,000 shares of Peyto Exploration & Development stock. The shares were purchased at an average price of C$28.49 per share, with a total value of C$85,470.00.

Peyto Exploration & Development Stock Up 2.0%

PEY stock opened at C$25.53 on Thursday. The company has a market cap of C$5.23 billion, a price-to-earnings ratio of 11.05, a P/E/G ratio of -0.46 and a beta of -0.53. The company has a debt-to-equity ratio of 36.62, a quick ratio of 0.32 and a current ratio of 1.37. The business’s 50-day moving average is C$25.55 and its two-hundred day moving average is C$24.89. Peyto Exploration & Development Corp. has a fifty-two week low of C$17.92 and a fifty-two week high of C$29.22.

Peyto Exploration & Development (TSE:PEYGet Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported C$0.82 EPS for the quarter. Peyto Exploration & Development had a net margin of 40.47% and a return on equity of 16.78%. The firm had revenue of C$426.40 million during the quarter.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on PEY shares. TD Securities cut shares of Peyto Exploration & Development from a “buy” rating to a “hold” rating and set a C$25.00 price target on the stock. in a research note on Friday, February 20th. Royal Bank Of Canada upped their price objective on Peyto Exploration & Development from C$24.00 to C$27.00 and gave the stock a “sector perform” rating in a research note on Friday, February 20th. Finally, Desjardins upped their price objective on Peyto Exploration & Development from C$27.00 to C$31.00 and gave the stock a “buy” rating in a research note on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Peyto Exploration & Development presently has an average rating of “Moderate Buy” and a consensus price target of C$26.08.

Check Out Our Latest Report on Peyto Exploration & Development

About Peyto Exploration & Development

(Get Free Report)

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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Insider Buying and Selling by Quarter for Peyto Exploration & Development (TSE:PEY)

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