Peyto Exploration & Development Corp. (TSE:PEY) Director Sells C$451,500.00 in Stock
From MarketBeat:
Peyto Exploration & Development Corp. Director Jean-Paul Henri Lachance recently sold 35,000 shares of the company’s stock at an average price of C$12.90, totaling C$451,500. Prior to that, he bought 10,000 shares at C$11.30 and sold 21,900 shares at C$11.95. The stock is currently down 0.7% at C$12.87.
Peyto Exploration & Development Corp.’s stock has a 52-week low of C$10.38 and a high of C$15.20, with a market capitalization of C$2.48 billion. The company’s stock has a PE ratio of 7.15, a price-to-earnings-growth ratio of -0.46, and a beta of 1.70. Financial data includes a current ratio of 1.07, a quick ratio of 0.32, and a debt-to-equity ratio of 40.27.
Wall Street analysts forecast growth for Peyto Exploration & Development Corp., with an average target price of C$16.23. This includes ratings from five firms, two of which are moderate buys, and a “hold” rating from other analysts.
Peyto Exploration & Development Corp. engages in the exploration, development, and production of oil and natural gas in Deep Basin of Alberta. The company was known as Peyto Energy Trust and later changed its name to Peyto Exploration & Development Corp. in January 2011.
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