Peyto Exploration & Development Corp (TSE:PEY) insider Scott Robinson sold 20,000 shares of the business’s stock in a transaction on Thursday, January 18th. The stock was sold at an average price of C$12.00, for a total transaction of C$240,000.00.
Scott Robinson also recently made the following trade(s):
- On Friday, December 15th, Scott Robinson sold 30,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$14.33, for a total transaction of C$429,900.00.
Peyto Exploration & Development Corp (TSE:PEY) traded up C$0.22 during trading on Monday, reaching C$12.25. 1,543,437 shares of the company were exchanged, compared to its average volume of 1,561,279. The stock has a market capitalization of $2,040.00, a P/E ratio of 12.37 and a beta of 0.15. Peyto Exploration & Development Corp has a 52 week low of C$11.66 and a 52 week high of C$30.44.
The company also recently announced a monthly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be paid a $0.06 dividend. This represents a $0.72 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend is Tuesday, January 30th. Peyto Exploration & Development’s dividend payout ratio is currently 133.33%.
PEY has been the topic of several research analyst reports. Eight Capital lowered their target price on shares of Peyto Exploration & Development from C$16.25 to C$15.15 in a report on Friday, January 12th. Barclays lowered their target price on shares of Peyto Exploration & Development from C$19.00 to C$14.00 in a report on Monday, January 15th. CSFB decreased their price target on shares of Peyto Exploration & Development from C$16.00 to C$14.00 in a research note on Friday, January 12th. TD Securities upped their price target on shares of Peyto Exploration & Development from C$23.00 to C$25.00 and gave the company a “buy” rating in a research note on Thursday, November 9th. Finally, BMO Capital Markets downgraded shares of Peyto Exploration & Development from an “outperform” rating to a “market perform” rating and decreased their price target for the company from C$30.00 to C$23.00 in a research note on Tuesday, October 10th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of C$16.47.
TRADEMARK VIOLATION WARNING: “Scott Robinson Sells 20,000 Shares of Peyto Exploration & Development Corp (PEY) Stock” was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at https://www.americanbankingnews.com/2018/01/22/scott-robinson-sells-20000-shares-of-peyto-exploration-development-corp-pey-stock.html.
Peyto Exploration & Development Company Profile
Peyto Exploration & Development Corp is a Canada-based energy company. The Company is engaged in acquisition, exploration, development and production of oil and natural gas in Western Canada. Its portfolio of assets includes exploration, exploitation and development opportunities located primarily in the Deep Basin of Alberta.
Receive News & Ratings for Peyto Exploration & Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peyto Exploration & Development and related companies with MarketBeat.com's FREE daily email newsletter.