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

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

Peyto Exploration & Development Price Performance

Shares of Peyto Exploration & Development stock opened at C$25.23 on Wednesday. The company has a debt-to-equity ratio of 34.98, a current ratio of 1.63 and a quick ratio of 0.32. Peyto Exploration & Development Corp. has a fifty-two week low of C$17.92 and a fifty-two week high of C$29.22. The firm has a fifty day moving average price of C$24.90 and a two-hundred day moving average price of C$25.56. The company has a market cap of C$5.19 billion, a PE ratio of 10.56, a price-to-earnings-growth ratio of -0.46 and a beta of -0.48.

Peyto Exploration & Development (TSE:PEY) last posted its quarterly earnings data 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%.

Analysts Set New Price Targets

PEY has been the subject of several recent research reports. Scotiabank raised Peyto Exploration & Development to a “hold” rating in a report on Friday, June 26th. National Bank Financial lifted their price objective on Peyto Exploration & Development from C$29.00 to C$30.00 and gave the stock 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 given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of C$26.64.

Peyto Exploration & Development Company Profile

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.