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 stock in a transaction dated Friday, June 19th. The shares were sold at an average price of C$24.49, for a total value of C$281,635.00. Following the completion of the sale, the insider owned 25,066 shares of the company’s stock, valued at approximately C$613,866.34. This trade represents a 31.45% decrease in their position.

Peyto Exploration & Development Stock Up 0.2%

Shares of PEY traded up C$0.05 during mid-day trading on Monday, reaching C$24.49. 253,587 shares of the stock traded hands, compared to its average volume of 976,928. The stock has a fifty day simple moving average of C$25.38 and a 200 day simple moving average of C$25.02. Peyto Exploration & Development Corp. has a 12-month low of C$17.92 and a 12-month high of C$29.22. The company has a quick ratio of 0.32, a current ratio of 1.37 and a debt-to-equity ratio of 36.62. The firm has a market cap of C$5.02 billion, a price-to-earnings ratio of 10.60, a P/E/G ratio of -0.46 and a beta of -0.53.

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

Analyst Upgrades and Downgrades

Separately, Desjardins upped their price objective on shares of Peyto Exploration & Development from C$27.00 to C$31.00 and gave the company a “buy” rating in a research report on Thursday, March 12th. One 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 company’s stock. According to MarketBeat, Peyto Exploration & Development presently has a consensus rating of “Moderate Buy” and an average price target of C$26.08.

About Peyto Exploration & Development

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.