Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Sells C$149,593.78 in Stock

Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Todd Burdick sold 9,803 shares of Peyto Exploration & Development stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of C$15.26, for a total transaction of C$149,593.78.

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

• On Monday, June 10th, Todd Burdick sold 9,728 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$15.43, for a total transaction of C$150,103.04.
• On Friday, March 15th, Todd Burdick sold 24,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$14.30, for a total transaction of C$343,200.00.

Peyto Exploration & Development Stock Down 1.4 %

PEY stock opened at C$14.70 on Friday. The firm’s fifty day moving average is C$15.28 and its 200 day moving average is C$14.01. The firm has a market cap of C$2.86 billion, a PE ratio of 9.07, a P/E/G ratio of -0.46 and a beta of 1.85. Peyto Exploration & Development Corp. has a one year low of C$10.38 and a one year high of C$15.99. The company has a debt-to-equity ratio of 50.61, a quick ratio of 0.32 and a current ratio of 1.55.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Canaccord Genuity Group boosted their target price on shares of Peyto Exploration & Development from C$17.00 to C$18.00 and gave the stock a “buy” rating in a research report on Wednesday, May 15th. Stifel Nicolaus boosted their target price on shares of Peyto Exploration & Development from C$16.25 to C$18.00 and gave the stock a “buy” rating in a research report on Tuesday, April 23rd. CIBC boosted their target price on shares of Peyto Exploration & Development from C$16.00 to C$17.50 and gave the stock an “outperform” rating in a research report on Wednesday, May 15th. BMO Capital Markets lifted their price objective on shares of Peyto Exploration & Development from C$14.00 to C$16.50 and gave the company a “market perform” rating in a research note on Monday, March 11th. Finally, Desjardins lifted their price objective on shares of Peyto Exploration & Development from C$13.50 to C$14.50 and gave the company a “buy” rating in a research note on Thursday, May 16th. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Peyto Exploration & Development has a consensus rating of “Moderate Buy” and an average target price of C$16.59.

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.