Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$17.54 and traded as high as C$19.08. Peyto Exploration & Development shares last traded at C$18.97, with a volume of 767,856 shares changing hands.
Analyst Ratings Changes
A number of analysts recently issued reports on PEY shares. ATB Capital lifted their target price on Peyto Exploration & Development from C$19.00 to C$21.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd. CIBC lifted their target price on Peyto Exploration & Development from C$17.50 to C$19.25 and gave the company a "neutral" rating in a research report on Thursday, May 22nd. Desjardins lifted their target price on Peyto Exploration & Development from C$18.00 to C$18.50 and gave the company a "hold" rating in a research report on Thursday, May 22nd. Raymond James Financial downgraded Peyto Exploration & Development from an "outperform" rating to a "market perform" rating and set a C$21.00 target price on the stock. in a research report on Thursday, May 22nd. Finally, Canaccord Genuity Group downgraded Peyto Exploration & Development from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 14th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$20.92.
Check Out Our Latest Stock Report on Peyto Exploration & Development
Peyto Exploration & Development Trading Up 1.5%
The business has a 50-day simple moving average of C$19.26 and a two-hundred day simple moving average of C$17.59. The stock has a market cap of C$3.82 billion, a price-to-earnings ratio of 12.98, a P/E/G ratio of -0.46 and a beta of 1.75. The company has a debt-to-equity ratio of 49.96, a current ratio of 1.28 and a quick ratio of 0.32.
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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