Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Lee Russell Curran Sells 28,000 Shares

Peyto Exploration & Development Corp. (TSE:PEYGet Free Report) Senior Officer Lee Russell Curran sold 28,000 shares of the stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of C$14.54, for a total transaction of C$407,120.00.

Peyto Exploration & Development Price Performance

PEY stock opened at C$14.50 on Wednesday. The firm has a market cap of C$2.81 billion, a price-to-earnings ratio of 8.95, a PEG ratio of -0.46 and a beta of 1.83. The company has a quick ratio of 0.32, a current ratio of 1.75 and a debt-to-equity ratio of 51.67. Peyto Exploration & Development Corp. has a 12-month low of C$10.38 and a 12-month high of C$15.20. The company’s fifty day simple moving average is C$13.56 and its 200 day simple moving average is C$13.28.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on PEY shares. Stifel Nicolaus raised their price target on shares of Peyto Exploration & Development from C$16.00 to C$16.50 in a research report on Monday, March 11th. Scotiabank reduced their price objective on shares of Peyto Exploration & Development from C$23.00 to C$20.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 16th. BMO Capital Markets increased their price objective on shares of Peyto Exploration & Development from C$14.00 to C$16.50 and gave the stock a “market perform” rating in a research note on Monday, March 11th. National Bankshares reduced their price objective on shares of Peyto Exploration & Development from C$17.50 to C$15.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 10th. Finally, ATB Capital set a C$15.00 price target on shares of Peyto Exploration & Development and gave the company an “outperform” rating in a research note on Friday, February 16th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$16.11.

Check Out Our Latest Research Report on Peyto Exploration & Development

About Peyto Exploration & Development

(Get Free Report)

Peyto Exploration & Development Corp. engages in the exploration, development, and production of oil and natural gas, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp. in January 2011.

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Insider Buying and Selling by Quarter for Peyto Exploration & Development (TSE:PEY)

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