Peyto Exploration & Development Corp. (TSE:PEY) Director Stephen Jonathan Chetner Sells 7,012 Shares

Peyto Exploration & Development Corp. (TSE:PEY) Director Stephen Jonathan Chetner sold 7,012 shares of the company’s stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of C$15.99, for a total transaction of C$112,145.72.

Stephen Jonathan Chetner also recently made the following trade(s):

• On Monday, December 16th, Stephen Jonathan Chetner sold 4,797 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$15.82, for a total transaction of C$75,907.73.
• On Thursday, December 12th, Stephen Jonathan Chetner sold 2,565 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$16.44, for a total transaction of C$42,166.55.

Peyto Exploration & Development Trading Up 0.4 %

Shares of TSE:PEY opened at C$16.10 on Friday. Peyto Exploration & Development Corp. has a 12 month low of C$12.41 and a 12 month high of C$17.57. The company has a quick ratio of 0.32, a current ratio of 1.15 and a debt-to-equity ratio of 50.02. The company’s fifty day simple moving average is C$16.53 and its 200 day simple moving average is C$15.46. The firm has a market cap of C$3.15 billion, a price-to-earnings ratio of 10.39, a PEG ratio of -0.46 and a beta of 1.75.

Peyto Exploration & Development (TSE:PEY) last issued its quarterly earnings data 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 return on equity of 11.86% and a net margin of 32.88%.

Analyst Ratings Changes

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

About Peyto Exploration & Development

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.