Derick Nathan Czember Sells 62,000 Shares of Peyto Exploration & Development Corp. (TSE:PEY) Stock

Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Derick Nathan Czember sold 62,000 shares of the stock in a transaction on Friday, January 17th. The stock was sold at an average price of C$16.18, for a total value of C$1,002,936.80.

Derick Nathan Czember also recently made the following trade(s):

• On Tuesday, December 10th, Derick Nathan Czember sold 11,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$16.40, for a total value of C$180,400.00.

Peyto Exploration & Development Trading Down 0.1 %

TSE:PEY opened at C$16.37 on Friday. Peyto Exploration & Development Corp. has a 1-year low of C$12.41 and a 1-year high of C$17.57. The business’s 50-day moving average price is C$16.43 and its two-hundred day moving average price is C$15.36. The company has a current ratio of 1.15, a quick ratio of 0.32 and a debt-to-equity ratio of 50.02. The firm has a market capitalization of C$3.20 billion, a price-to-earnings ratio of 10.56, a PEG ratio of -0.46 and a beta of 1.75.

Wall Street Analyst Weigh In

Several analysts have recently commented on PEY shares. BMO Capital Markets increased their target price on Peyto Exploration & Development from C$17.50 to C$18.50 in a report on Tuesday, January 14th. Atlantic Securities increased their target price on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the stock an “outperform” rating in a report on Monday, October 7th. National Bankshares increased their target price on Peyto Exploration & Development from C$18.00 to C$18.50 in a report on Friday, September 27th. TD Securities cut their price target on Peyto Exploration & Development from C$19.00 to C$18.00 in a research note on Tuesday, October 1st. Finally, CIBC upped their price target on Peyto Exploration & Development from C$17.00 to C$17.50 in a research note on Friday. One investment analyst has rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$17.85.

About Peyto Exploration & Development

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.