Peyto Exploration & Development (TSE:PEY) Insider Crissy Rafoss Sells 8,000 Shares of Stock

Peyto Exploration & Development Corp. (TSE:PEY) insider Crissy Rafoss sold 8,000 shares of Peyto Exploration & Development stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of C$25.05, for a total value of C$200,400.00. Following the sale, the insider directly owned 26,868 shares of the company’s stock, valued at C$673,043.40. This represents a 22.94% decrease in their position.

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

• On Tuesday, July 7th, Crissy Rafoss sold 6,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$24.25, for a total value of C$145,500.00.
• On Friday, June 19th, Crissy Rafoss sold 11,500 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$24.49, for a total transaction of C$281,635.00.

Peyto Exploration & Development Price Performance

Shares of TSE:PEY opened at C$24.95 on Thursday. Peyto Exploration & Development Corp. has a one year low of C$17.92 and a one year high of C$29.22. The company has a debt-to-equity ratio of 34.98, a current ratio of 1.63 and a quick ratio of 0.32. The firm has a market capitalization of C$5.11 billion, a price-to-earnings ratio of 10.44, a PEG ratio of -0.46 and a beta of -0.51. The company’s fifty day moving average price is C$24.71 and its 200-day moving average price is C$25.60.

Peyto Exploration & Development (TSE:PEY) last released its earnings results on Tuesday, August 11th. The company reported C$0.50 EPS for the quarter. The business had revenue of C$340.45 million for the quarter. Peyto Exploration & Development had a return on equity of 16.96% and a net margin of 39.78%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on PEY shares. National Bank Financial increased their price target on shares of Peyto Exploration & Development from C$29.00 to C$30.00 and gave the company an “outperform” rating in a research report on Wednesday, July 8th. Scotiabank raised shares of Peyto Exploration & Development to a “hold” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$26.64.

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.