Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Lee Russell Curran Sells 25,797 Shares of Stock

Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Lee Russell Curran sold 25,797 shares of the company’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of C$16.09, for a total transaction of C$415,078.89.

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

• On Monday, January 6th, Lee Russell Curran sold 28,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$17.31, for a total transaction of C$484,806.00.
• On Friday, November 22nd, Lee Russell Curran sold 31,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$17.04, for a total transaction of C$528,314.40.

Peyto Exploration & Development Price Performance

PEY stock opened at C$16.10 on Friday. The firm has a 50 day simple moving average of C$16.53 and a two-hundred day simple moving average of C$15.46. The company has a debt-to-equity ratio of 50.02, a current ratio of 1.15 and a quick ratio of 0.32. The stock has a market cap of C$3.15 billion, a PE ratio of 10.39, a P/E/G ratio of -0.46 and a beta of 1.75. Peyto Exploration & Development Corp. has a one year low of C$12.41 and a one year high of C$17.57.

Peyto Exploration & Development (TSE:PEY) last released its earnings results on Tuesday, November 12th. The company reported C$0.26 EPS for the quarter, missing analysts’ consensus estimates of C$0.27 by C($0.01). Peyto Exploration & Development had a net margin of 32.88% and a return on equity of 11.86%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on PEY shares. CIBC lifted their price target on Peyto Exploration & Development from C$17.00 to C$17.50 in a research report on Friday, January 17th. Atlantic Securities lifted their target price on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the company an “outperform” rating in a report on Monday, October 7th. Finally, BMO Capital Markets increased their price target on shares of Peyto Exploration & Development from C$17.50 to C$18.50 in a report on Tuesday, January 14th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$17.85.

Peyto Exploration & Development Company Profile

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, 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.