Derick Nathan Czember Sells 62,000 Shares of Peyto Exploration & Development Corp. (TSE:PEY) Stock

Peyto Exploration & Development Corp. (TSE:PEY) Senior Officer Derick Nathan Czember sold 62,000 shares of the stock in a transaction dated Friday, January 17th. The stock was sold at an average price of C$16.18, for a total value of C$1,002,936.80.

Derick Nathan Czember also recently made the following trade(s):

• On Tuesday, December 10th, Derick Nathan Czember sold 11,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$16.40, for a total value of C$180,400.00.

Peyto Exploration & Development Stock Down 0.1 %

PEY stock opened at C$16.37 on Friday. The company has a quick ratio of 0.32, a current ratio of 1.15 and a debt-to-equity ratio of 50.02. The business has a 50 day moving average price of C$16.43 and a two-hundred day moving average price of C$15.36. The company has a market cap of C$3.20 billion, a price-to-earnings ratio of 10.56, a P/E/G ratio of -0.46 and a beta of 1.75. Peyto Exploration & Development Corp. has a twelve month low of C$12.41 and a twelve month high of C$17.57.

Analyst Ratings Changes

PEY has been the subject of a number of research reports. TD Securities decreased their price objective on Peyto Exploration & Development from C$19.00 to C$18.00 in a report on Tuesday, October 1st. National Bankshares increased their price objective on Peyto Exploration & Development from C$18.00 to C$18.50 in a report on Friday, September 27th. Atlantic Securities increased their price objective on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the stock an “outperform” rating in a report on Monday, October 7th. BMO Capital Markets increased their price objective on Peyto Exploration & Development from C$17.50 to C$18.50 in a report on Tuesday, January 14th. Finally, CIBC increased their price objective on Peyto Exploration & Development from C$17.00 to C$17.50 in a report on Friday. One equities research 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 company’s stock. According to data from MarketBeat, the stock presently has a consensus 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.