Peyto Exploration & Development (TSE:PEY) Director Stephen Jonathan Chetner Sells 2,229 Shares

Peyto Exploration & Development Corp. (TSE:PEY – Get Free Report) Director Stephen Jonathan Chetner sold 2,229 shares of Peyto Exploration & Development stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of C$25.18, for a total value of C$56,126.22. Following the completion of the sale, the director directly owned 97,805 shares of the company’s stock, valued at C$2,462,729.90. The trade was a 2.23% decrease in their ownership of the stock.

Peyto Exploration & Development Trading Down 0.5%

PEY traded down C$0.12 during mid-day trading on Tuesday, hitting C$25.23. 455,928 shares of the stock were exchanged, compared to its average volume of 875,532. The firm’s fifty day moving average is C$24.90 and its two-hundred day moving average is C$25.56. Peyto Exploration & Development Corp. has a 1-year low of C$17.92 and a 1-year high of C$29.22. The company has a market cap of C$5.19 billion, a PE ratio of 10.56, a PEG ratio of -0.46 and a beta of -0.48. The company has a current ratio of 1.63, a quick ratio of 0.32 and a debt-to-equity ratio of 34.98.

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

Analyst Ratings Changes

Several equities analysts have commented on PEY shares. National Bank Financial boosted their price target on shares of 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. Scotiabank upgraded Peyto Exploration & Development to a “hold” rating in a research note on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$26.64.

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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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