Peyto Exploration & Development (TSE:PEY) Insider Crissy Rafoss Sells 11,500 Shares

Peyto Exploration & Development Corp. (TSE:PEY) insider Crissy Rafoss sold 11,500 shares of Peyto Exploration & Development stock in a transaction that occurred on Friday, June 19th. The stock was sold at an average price of C$24.49, for a total value of C$281,635.00. Following the completion of the transaction, the insider directly owned 25,066 shares in the company, valued at approximately C$613,866.34. This represents a 31.45% decrease in their ownership of the stock.

Peyto Exploration & Development Trading Up 0.4%

TSE:PEY opened at C$24.54 on Tuesday. The firm has a market cap of C$5.03 billion, a P/E ratio of 10.62, a P/E/G ratio of -0.46 and a beta of -0.53. The company has a debt-to-equity ratio of 36.62, a quick ratio of 0.32 and a current ratio of 1.37. Peyto Exploration & Development Corp. has a 52 week low of C$17.92 and a 52 week high of C$29.22. The firm’s fifty day moving average is C$25.37 and its 200-day moving average is C$25.04.

Peyto Exploration & Development (TSE:PEY) last issued its quarterly earnings results on Tuesday, May 12th. The company reported C$0.82 EPS for the quarter. Peyto Exploration & Development had a net margin of 40.47% and a return on equity of 16.78%. The business had revenue of C$426.40 million for the quarter.

Analysts Set New Price Targets

Separately, Desjardins increased their price target on Peyto Exploration & Development from C$27.00 to C$31.00 and gave the stock a “buy” rating in a report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$26.08.

Peyto Exploration & Development Company Profile

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.