Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$18.19 and traded as high as C$18.89. Peyto Exploration & Development shares last traded at C$18.84, with a volume of 759,635 shares.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on PEY shares. Royal Bank Of Canada lifted their price objective on Peyto Exploration & Development from C$18.00 to C$21.00 and gave the company a "sector perform" rating in a research report on Thursday, May 22nd. CIBC upped their price target on Peyto Exploration & Development from C$17.50 to C$19.25 and gave the company a "neutral" rating in a research note on Thursday, May 22nd. Desjardins lifted their price target on shares of Peyto Exploration & Development from C$18.00 to C$18.50 and gave the company a "hold" rating in a research note on Thursday, May 22nd. National Bankshares upped their price objective on Peyto Exploration & Development from C$18.00 to C$24.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. Finally, Raymond James Financial cut shares of Peyto Exploration & Development from an "outperform" rating to a "market perform" rating and set a C$21.00 price target on the stock. in a research report on Thursday, May 22nd. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$20.92.
View Our Latest Stock Analysis on PEY
Peyto Exploration & Development Trading Down 1.5%
The business's 50 day moving average price is C$19.09 and its two-hundred day moving average price is C$18.26. The company has a market capitalization of C$3.69 billion, a price-to-earnings ratio of 11.13, a P/E/G ratio of -0.46 and a beta of 0.34. The company has a current ratio of 1.28, a quick ratio of 0.32 and a debt-to-equity ratio of 49.96.
Peyto Exploration & Development Company Profile
(
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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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