Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$18.71 and traded as high as C$19.10. Peyto Exploration & Development shares last traded at C$19.03, with a volume of 441,205 shares.
Wall Street Analysts Forecast Growth
Separately, CIBC upped their price objective on Peyto Exploration & Development from C$19.25 to C$21.00 in a report on Wednesday. Four equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of C$21.44.
Check Out Our Latest Stock Analysis on Peyto Exploration & Development
Peyto Exploration & Development Stock Up 0.7%
The company has a 50-day simple moving average of C$18.74 and a 200 day simple moving average of C$18.71. The company has a market cap of C$3.82 billion, a P/E ratio of 11.53, a P/E/G ratio of -0.46 and a beta of 0.00. The company has a current ratio of 1.28, a quick ratio of 0.32 and a debt-to-equity ratio of 49.96.
Insider Buying and Selling at Peyto Exploration & Development
In other Peyto Exploration & Development news, insider Crissy Rafoss acquired 5,500 shares of the business's stock in a transaction on Wednesday, September 3rd. The shares were bought at an average price of C$18.51 per share, with a total value of C$101,805.00. Following the transaction, the insider directly owned 5,500 shares of the company's stock, valued at C$101,805. The trade was a ∞ increase in their position. Also, insider Michael Richard Collens sold 26,000 shares of the company's stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of C$18.80, for a total value 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. Insiders have acquired 14,450 shares of company stock valued at $267,380 in the last quarter. 2.36% of the stock is owned by insiders.
About Peyto Exploration & Development
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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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