Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Jean-Paul Henri Lachance sold 5,000 shares of Peyto Exploration & Development stock in a transaction on Monday, July 26th. The stock was sold at an average price of C$7.35, for a total transaction of C$36,750.00. Following the sale, the insider now directly owns 123,260 shares of the company's stock, valued at C$905,961.
Jean-Paul Henri Lachance also recently made the following trade(s):
- On Wednesday, July 21st, Jean-Paul Henri Lachance sold 6,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$7.15, for a total transaction of C$42,900.00.
- On Tuesday, June 8th, Jean-Paul Henri Lachance sold 30,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$6.00, for a total transaction of C$180,000.00.
PEY stock traded down C$0.09 during mid-day trading on Tuesday, hitting C$7.31. 403,870 shares of the company were exchanged, compared to its average volume of 750,103. The stock's fifty day moving average is C$6.86. The company has a debt-to-equity ratio of 69.12, a current ratio of 0.71 and a quick ratio of 0.56. Peyto Exploration & Development Corp. has a twelve month low of C$1.98 and a twelve month high of C$8.94. The firm has a market cap of C$1.21 billion and a P/E ratio of 17.45.
Peyto Exploration & Development (TSE:PEY) last issued its quarterly earnings data on Wednesday, May 12th. The company reported C$0.23 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of C$0.24 by C($0.01). The company had revenue of C$175.33 million for the quarter. On average, equities research analysts expect that Peyto Exploration & Development Corp. will post 0.7900001 EPS for the current year.
A number of research analysts have recently issued reports on PEY shares. Raymond James boosted their price target on shares of Peyto Exploration & Development from C$7.00 to C$9.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 30th. Tudor Pickering & Holt set a C$4.00 target price on shares of Peyto Exploration & Development and gave the stock a "hold" rating in a research report on Thursday, May 13th. Tudor Pickering restated a "hold" rating and set a C$4.00 target price on shares of Peyto Exploration & Development in a research report on Thursday, May 13th. TD Securities upped their price objective on shares of Peyto Exploration & Development from C$6.50 to C$10.00 and gave the company a "na" rating in a research note on Tuesday, June 29th. Finally, BMO Capital Markets upped their price objective on shares of Peyto Exploration & Development from C$6.50 to C$7.50 and gave the company a "na" rating in a research note on Monday, June 21st. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Peyto Exploration & Development currently has an average rating of "Buy" and an average target price of C$7.98.
About Peyto Exploration & Development
Peyto Exploration & Development Corp. engages in the exploration, development, and production of oil and natural gas, and natural gas liquids in Deep Basin of Alberta. As of December 31, 2020, it had a total proved plus probable reserves of 834 million barrels of oil equivalent. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.
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