Insider Selling: Peyto Exploration & Development (TSE:PEY) Insider Sells C$200,400.00 in Stock

Peyto Exploration & Development Corp. (TSE:PEYGet Free Report) insider Crissy Rafoss sold 8,000 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of C$25.05, for a total value of C$200,400.00. Following the transaction, the insider directly owned 26,868 shares of the company’s stock, valued at approximately C$673,043.40. This trade represents a 22.94% decrease in their ownership of the stock.

Crissy Rafoss also recently made the following trade(s):

  • On Tuesday, July 7th, Crissy Rafoss sold 6,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$24.25, for a total value of C$145,500.00.
  • On Friday, June 19th, Crissy Rafoss sold 11,500 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$24.49, for a total transaction of C$281,635.00.

Peyto Exploration & Development Price Performance

PEY traded up C$0.43 on Wednesday, hitting C$25.07. 349,578 shares of the company were exchanged, compared to its average volume of 890,440. The business’s fifty day moving average is C$24.71 and its 200 day moving average is C$25.60. 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 company has a debt-to-equity ratio of 34.98, a quick ratio of 0.32 and a current ratio of 1.63. The firm has a market capitalization of C$5.14 billion, a P/E ratio of 10.49, a price-to-earnings-growth ratio of -0.46 and a beta of -0.51.

Peyto Exploration & Development (TSE:PEYGet Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported C$0.50 EPS for the quarter. The business had revenue of C$340.45 million for the quarter. Peyto Exploration & Development had a return on equity of 16.96% and a net margin of 39.78%.

Analysts Set New Price Targets

PEY has been the topic of several recent research reports. Scotiabank upgraded 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 report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$26.64.

Check Out Our Latest Research Report on PEY

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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