Stephen Jonathan Chetner Sells 7,012 Shares of Peyto Exploration & Development Corp. (TSE:PEY) Stock

Peyto Exploration & Development Corp. (TSE:PEY) Director Stephen Jonathan Chetner sold 7,012 shares of the firm’s stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of C$15.99, for a total value of C$112,145.72.

Stephen Jonathan Chetner also recently made the following trade(s):

• On Monday, December 16th, Stephen Jonathan Chetner sold 4,797 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$15.82, for a total value of C$75,907.73.
• On Thursday, December 12th, Stephen Jonathan Chetner sold 2,565 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$16.44, for a total value of C$42,166.55.

Peyto Exploration & Development Price Performance

TSE PEY opened at C$16.10 on Friday. The stock has a market capitalization of C$3.15 billion, a P/E ratio of 10.39, a P/E/G ratio of -0.46 and a beta of 1.75. 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 fifty day moving average is C$16.53 and its two-hundred day moving average is C$15.46. The company has a debt-to-equity ratio of 50.02, a quick ratio of 0.32 and a current ratio of 1.15.

Peyto Exploration & Development (TSE:PEY) last posted its quarterly earnings results on Tuesday, November 12th. The company reported C$0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.27 by C($0.01). Peyto Exploration & Development had a net margin of 32.88% and a return on equity of 11.86%.

Analyst Upgrades and Downgrades

PEY has been the subject of a number of research reports. CIBC lifted their target price on Peyto Exploration & Development from C$17.00 to C$17.50 in a research note on Friday, January 17th. Atlantic Securities lifted their target price on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the company an “outperform” rating in a research note on Monday, October 7th. Finally, BMO Capital Markets boosted their price objective on Peyto Exploration & Development from C$17.50 to C$18.50 in a research report on Tuesday, January 14th. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$17.85.

Peyto Exploration & Development Company Profile

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.