Peyto Exploration & Development Corp. (TSE:PEY) Director Jean-Paul Henri Lachance Sells 31,700 Shares

Peyto Exploration & Development Corp. (TSE:PEY) Director Jean-Paul Henri Lachance sold 31,700 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of C$17.10, for a total value of C$542,070.00.

Jean-Paul Henri Lachance also recently made the following trade(s):

• On Thursday, December 19th, Jean-Paul Henri Lachance acquired 5,000 shares of Peyto Exploration & Development stock. The shares were bought at an average price of C$15.50 per share, for a total transaction of C$77,500.00.
• On Thursday, December 5th, Jean-Paul Henri Lachance sold 54,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$16.00, for a total transaction of C$864,000.00.
• On Thursday, November 28th, Jean-Paul Henri Lachance sold 4,500 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$16.75, for a total transaction of C$75,375.00.
• On Thursday, November 21st, Jean-Paul Henri Lachance sold 30,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$16.95, for a total transaction of C$508,548.00.

Peyto Exploration & Development Stock Down 0.1 %

TSE PEY opened at C$16.37 on Friday. The company has a quick ratio of 0.32, a current ratio of 1.15 and a debt-to-equity ratio of 50.02. Peyto Exploration & Development Corp. has a 52 week low of C$12.41 and a 52 week high of C$17.57. 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. The company has a fifty day moving average of C$16.43 and a two-hundred day moving average of C$15.35.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on PEY. BMO Capital Markets lifted their target price on Peyto Exploration & Development from C$17.50 to C$18.50 in a report on Tuesday. TD Securities reduced their price objective on Peyto Exploration & Development from C$19.00 to C$18.00 in a research note on Tuesday, October 1st. Atlantic Securities increased 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 report on Monday, October 7th. CIBC boosted their price target on shares of Peyto Exploration & Development from C$17.00 to C$17.50 in a research report on Friday. Finally, National Bankshares upped their price target on shares of Peyto Exploration & Development from C$18.00 to C$18.50 in a research note on Friday, September 27th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus 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.