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

Peyto Exploration & Development Corp. (TSE:PEY) insider Crissy Rafoss sold 11,500 shares of the firm’s stock in a transaction 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 transaction, the insider owned 25,066 shares in the company, valued at C$613,866.34. This trade represents a 31.45% decrease in their ownership of the stock.

Peyto Exploration & Development Stock Performance

Shares of TSE:PEY traded up C$0.05 on Monday, reaching C$24.49. 253,587 shares of the company’s stock were exchanged, compared to its average volume of 976,928. The firm has a market capitalization of C$5.02 billion, a price-to-earnings ratio of 10.60, a PEG ratio of -0.46 and a beta of -0.53. Peyto Exploration & Development Corp. has a fifty-two week low of C$17.92 and a fifty-two week high of C$29.22. The business’s 50-day moving average is C$25.38 and its two-hundred day moving average is C$25.02. The company has a quick ratio of 0.32, a current ratio of 1.37 and a debt-to-equity ratio of 36.62.

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

Analyst Ratings Changes

Separately, Desjardins boosted their price objective on Peyto Exploration & Development from C$27.00 to C$31.00 and gave the stock a “buy” rating in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average 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.