Michael Richard Collens Sells 26,000 Shares of Peyto Exploration & Development (TSE:PEY) Stock

Key Points

• Insider Michael Richard Collens sold 26,000 shares of Peyto Exploration & Development at an average price of C$18.80, totaling C$488,800, which reduced his ownership by 50.98%.
• Peyto Exploration's current stock price is C$18.86, with a 52-week range between C$14.57 and C$21.12, and a market capitalization of C$3.78 billion.
• The company has notable financial metrics including a debt-to-equity ratio of 49.96 and a price-to-earnings ratio of 11.43.

Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) insider Michael Richard Collens sold 26,000 shares of the business's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of C$18.80, for a total transaction of C$488,800.00. Following the completion of the transaction, the insider directly owned 25,000 shares in the company, valued at C$470,000. This trade represents a 50.98% decrease in their position.

Peyto Exploration & Development Price Performance

Shares of Peyto Exploration & Development stock traded up C$0.11 during trading on Friday, reaching C$18.86. 998,662 shares of the stock traded hands, compared to its average volume of 859,436. Peyto Exploration & Development Corp. has a 52-week low of C$14.57 and a 52-week high of C$21.12. The company has a debt-to-equity ratio of 49.96, a current ratio of 1.28 and a quick ratio of 0.32. The business has a fifty day simple moving average of C$18.81 and a two-hundred day simple moving average of C$18.55. The company has a market capitalization of C$3.78 billion, a price-to-earnings ratio of 11.43, a P/E/G ratio of -0.46 and a beta of 0.20.

About Peyto Exploration & Development

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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