Stephen Jonathan Chetner Sells 2,909 Shares of Peyto Exploration & Development (TSE:PEY) Stock

Peyto Exploration & Development Corp. (TSE:PEY) Director Stephen Jonathan Chetner sold 2,909 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of C$25.75, for a total transaction of C$74,906.75. Following the completion of the sale, the director directly owned 96,014 shares of the company’s stock, valued at C$2,472,360.50. This represents a 2.94% decrease in their position.

Stephen Jonathan Chetner also recently made the following trade(s):

• On Friday, March 20th, Stephen Jonathan Chetner acquired 3,000 shares of Peyto Exploration & Development stock. The stock was acquired at an average cost of C$28.49 per share, with a total value of C$85,470.00.

Peyto Exploration & Development Stock Performance

TSE PEY opened at C$25.03 on Wednesday. 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 company has a market capitalization of C$5.13 billion, a P/E ratio of 10.84, a P/E/G ratio of -0.46 and a beta of -0.53. Peyto Exploration & Development Corp. has a 12-month low of C$17.92 and a 12-month high of C$29.22. The firm has a 50-day moving average price of C$25.58 and a two-hundred day moving average price of C$24.86.

Peyto Exploration & Development (TSE:PEY) last issued its earnings results on Tuesday, May 12th. The company reported C$0.82 EPS for the quarter. The company 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

Several equities analysts have recently commented on the stock. TD Securities cut shares of Peyto Exploration & Development from a “buy” rating to a “hold” rating and set a C$25.00 target price for the company. in a research report on Friday, February 20th. Desjardins boosted their target price 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. Finally, Royal Bank Of Canada boosted their target price on shares of Peyto Exploration & Development from C$24.00 to C$27.00 and gave the company a “sector perform” rating in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.