Peyto Exploration & Development (TSE:PEY) Insider Lee Russell Curran Sells 28,000 Shares

Peyto Exploration & Development Corp. (TSE:PEYGet Free Report) insider Lee Russell Curran sold 28,000 shares of the company’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of C$25.45, for a total transaction of C$712,600.00. Following the transaction, the insider owned 436,270 shares of the company’s stock, valued at C$11,103,071.50. This represents a 6.03% decrease in their position.

Lee Russell Curran also recently made the following trade(s):

  • On Wednesday, July 8th, Lee Russell Curran sold 28,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$24.75, for a total transaction of C$693,000.00.
  • On Wednesday, June 3rd, Lee Russell Curran sold 31,500 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$26.00, for a total transaction of C$819,000.00.

Peyto Exploration & Development Trading Up 1.1%

Peyto Exploration & Development stock opened at C$25.44 on Wednesday. Peyto Exploration & Development Corp. has a 52-week low of C$17.92 and a 52-week high of C$29.22. The company has a quick ratio of 0.32, a current ratio of 1.63 and a debt-to-equity ratio of 34.98. The firm has a market capitalization of C$5.21 billion, a price-to-earnings ratio of 10.64, a PEG ratio of -0.46 and a beta of -0.51. The firm has a 50-day moving average price of C$24.77 and a two-hundred day moving average price of C$25.59.

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 company had revenue of C$340.45 million for the quarter. Peyto Exploration & Development had a net margin of 39.78% and a return on equity of 16.96%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PEY. Scotiabank raised Peyto Exploration & Development to a “hold” rating in a research note on Friday, June 26th. National Bank Financial increased their price target on Peyto Exploration & Development from C$29.00 to C$30.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$26.64.

Get Our Latest Stock Analysis on PEY

Peyto Exploration & Development Company Profile

(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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