Peyto Exploration & Development (TSE:PEY) Insider Sells C$150,075.00 in Stock

Peyto Exploration & Development Corp. (TSE:PEY) insider Crissy Rafoss sold 6,900 shares of the company’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of C$21.75, for a total transaction of C$150,075.00. Following the transaction, the insider owned 19,656 shares in the company, valued at C$427,518. This represents a 25.98% decrease in their position.

Crissy Rafoss also recently made the following trade(s):

• On Monday, November 24th, Crissy Rafoss sold 8,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$22.27, for a total transaction of C$178,160.00.

Peyto Exploration & Development Stock Down 0.1%

Shares of Peyto Exploration & Development stock opened at C$22.95 on Tuesday. Peyto Exploration & Development Corp. has a twelve month low of C$14.57 and a twelve month high of C$23.74. The company has a quick ratio of 0.32, a current ratio of 1.28 and a debt-to-equity ratio of 49.96. The company’s 50 day moving average is C$21.09 and its 200 day moving average is C$19.78. The company has a market cap of C$4.63 billion, a price-to-earnings ratio of 12.47, a price-to-earnings-growth ratio of -0.46 and a beta of -0.28.

Analyst Ratings Changes

Several brokerages recently commented on PEY. Desjardins raised Peyto Exploration & Development from a “hold” rating to a “buy” rating and lifted their price objective for the stock from C$23.50 to C$24.50 in a report on Monday, November 24th. TD Securities boosted their price target on Peyto Exploration & Development from C$23.00 to C$25.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. CIBC upped their price target on shares of Peyto Exploration & Development from C$19.25 to C$21.00 in a research report on Wednesday, October 15th. Finally, Canaccord Genuity Group increased their price objective on shares of Peyto Exploration & Development from C$20.00 to C$21.50 in a research note on Friday, November 14th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Peyto Exploration & Development presently has a consensus rating of “Moderate Buy” and an average target price of C$22.44.

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.