Peyto Exploration & Development (TSE:PEY) Insider Tavis Aaron Carlson Sells 20,000 Shares

Peyto Exploration & Development Corp. (TSE:PEYGet Free Report) insider Tavis Aaron Carlson sold 20,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of C$25.24, for a total value of C$504,800.00. Following the completion of the transaction, the insider directly owned 62,247 shares of the company’s stock, valued at C$1,571,114.28. The trade was a 24.32% decrease in their position.

Peyto Exploration & Development Stock Down 0.1%

Peyto Exploration & Development stock traded down C$0.02 during midday trading on Friday, reaching C$25.26. The company’s stock had a trading volume of 416,812 shares, compared to its average volume of 993,859. The company has a quick ratio of 0.32, a current ratio of 1.37 and a debt-to-equity ratio of 36.62. Peyto Exploration & Development Corp. has a fifty-two week low of C$17.92 and a fifty-two week high of C$29.22. The business has a 50-day simple moving average of C$25.50 and a 200-day simple moving average of C$24.92. The company has a market cap of C$5.17 billion, a P/E ratio of 10.94, a P/E/G ratio of -0.46 and a beta of -0.53.

Peyto Exploration & Development (TSE:PEYGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported C$0.82 earnings per share (EPS) for the quarter. The firm 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%.

Analyst Upgrades and Downgrades

PEY has been the subject of several analyst reports. Desjardins lifted their price objective on shares of Peyto Exploration & Development from C$27.00 to C$31.00 and gave the company a “buy” rating in a research note on Thursday, March 12th. Royal Bank Of Canada boosted their price objective on shares of Peyto Exploration & Development from C$24.00 to C$27.00 and gave the company a “sector perform” rating in a report on Friday, February 20th. Finally, TD Securities lowered shares of Peyto Exploration & Development from a “buy” rating to a “hold” rating and set a C$25.00 price objective on the stock. in a research note on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$26.08.

Check Out Our Latest Research 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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Insider Buying and Selling by Quarter for Peyto Exploration & Development (TSE:PEY)

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