Peyto Exploration & Development (TSE:PEY) Insider Derick Nathan Czember Sells 25,000 Shares

Peyto Exploration & Development Corp. (TSE:PEYGet Free Report) insider Derick Nathan Czember sold 25,000 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of C$25.45, for a total value of C$636,250.00. Following the transaction, the insider owned 114,505 shares of the company’s stock, valued at C$2,914,152.25. The trade was a 17.92% decrease in their position.

Derick Nathan Czember also recently made the following trade(s):

  • On Wednesday, June 3rd, Derick Nathan Czember sold 35,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$26.00, for a total value of C$910,000.00.

Peyto Exploration & Development Stock Performance

TSE PEY traded up C$0.14 during trading on Tuesday, hitting C$25.30. 370,339 shares of the company’s stock traded hands, compared to its average volume of 882,660. 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 stock has a market capitalization of C$5.18 billion, a price-to-earnings ratio of 10.59, a PEG ratio of -0.46 and a beta of -0.51. Peyto Exploration & Development Corp. has a 12-month low of C$17.92 and a 12-month high of C$29.22. The business has a 50 day moving average of C$24.75 and a 200-day moving average of C$25.60.

Peyto Exploration & Development (TSE:PEYGet Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported C$0.50 earnings per share (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%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on PEY. Scotiabank upgraded Peyto Exploration & Development to a “hold” rating in a research note on Friday, June 26th. National Bank Financial lifted their target price on 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 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. According to data from MarketBeat.com, Peyto Exploration & Development currently has a consensus rating of “Moderate Buy” and an average target price of C$26.64.

Get Our Latest Analysis 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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