Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Acquires C$35,153.58 in Stock

Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Todd Burdick acquired 2,150 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were purchased at an average cost of C$16.35 per share, with a total value of C$35,153.58.

Todd Burdick also recently made the following trade(s):

• On Friday, January 3rd, Todd Burdick sold 24,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$17.16, for a total transaction of C$411,888.00.

Peyto Exploration & Development Stock Performance

Shares of PEY stock opened at C$16.51 on Friday. The company has a market capitalization of C$3.23 billion, a P/E ratio of 10.65, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75. Peyto Exploration & Development Corp. has a 52 week low of C$12.41 and a 52 week high of C$17.57. The company has a debt-to-equity ratio of 50.02, a quick ratio of 0.32 and a current ratio of 1.15. The company’s 50 day moving average price is C$16.53 and its two-hundred day moving average price is C$15.41.

Peyto Exploration & Development (TSE:PEY) last posted its quarterly earnings data on Tuesday, November 12th. The company reported C$0.26 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 Ratings Changes

A number of equities analysts have issued reports on the stock. CIBC raised their price objective on shares of Peyto Exploration & Development from C$17.00 to C$17.50 in a research note on Friday, January 17th. TD Securities reduced their price target on Peyto Exploration & Development from C$19.00 to C$18.00 in a research report on Tuesday, October 1st. Atlantic Securities upped their price objective on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the company an “outperform” rating in a report on Monday, October 7th. BMO Capital Markets raised their target price on Peyto Exploration & Development from C$17.50 to C$18.50 in a report on Tuesday, January 14th. Finally, National Bankshares upped their price target on Peyto Exploration & Development from C$18.00 to C$18.50 in a research note on Friday, September 27th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$17.85.

About Peyto Exploration & Development

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.