Jean-Paul Henri Lachance Purchases 5,000 Shares of Peyto Exploration & Development Corp. (TSE:PEY) Stock

Peyto Exploration & Development Corp. (TSE:PEY) Director Jean-Paul Henri Lachance purchased 5,000 shares of Peyto Exploration & Development stock in a transaction dated Monday, January 20th. The shares were purchased at an average cost of C$16.45 per share, with a total value of C$82,250.00.

Jean-Paul Henri Lachance also recently made the following trade(s):

• On Wednesday, January 15th, Jean-Paul Henri Lachance sold 31,700 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$17.10, for a total transaction of C$542,070.00.
• On Thursday, December 19th, Jean-Paul Henri Lachance purchased 5,000 shares of Peyto Exploration & Development stock. The stock was purchased at an average price of C$15.50 per share, for a total transaction of C$77,500.00.
• On Thursday, December 5th, Jean-Paul Henri Lachance sold 54,000 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$16.00, for a total value of C$864,000.00.
• On Thursday, November 28th, Jean-Paul Henri Lachance sold 4,500 shares of Peyto Exploration & Development stock. The stock was sold at an average price of C$16.75, for a total value of C$75,375.00.
• On Thursday, November 21st, Jean-Paul Henri Lachance sold 30,000 shares of Peyto Exploration & Development stock. The shares were sold at an average price of C$16.95, for a total value of C$508,548.00.

Peyto Exploration & Development Trading Up 0.8 %

Shares of Peyto Exploration & Development stock traded up C$0.13 on Monday, reaching C$16.50. 552,151 shares of the company were exchanged, compared to its average volume of 846,944. Peyto Exploration & Development Corp. has a fifty-two week low of C$12.41 and a fifty-two week high of C$17.57. The firm has a market capitalization of C$3.23 billion, a price-to-earnings ratio of 10.65, a price-to-earnings-growth ratio of -0.46 and a beta of 1.75. The company has a current ratio of 1.15, a quick ratio of 0.32 and a debt-to-equity ratio of 50.02. The stock has a fifty day moving average price of C$16.43 and a 200-day moving average price of C$15.36.

Analyst Ratings Changes

Several research firms recently weighed in on PEY. BMO Capital Markets upped their price objective on shares of Peyto Exploration & Development from C$17.50 to C$18.50 in a report on Tuesday, January 14th. National Bankshares raised their price objective on shares of Peyto Exploration & Development from C$18.00 to C$18.50 in a research note on Friday, September 27th. Atlantic Securities upped their target price on Peyto Exploration & Development from C$17.50 to C$18.50 and gave the stock an “outperform” rating in a research report on Monday, October 7th. TD Securities lowered their price target on Peyto Exploration & Development from C$19.00 to C$18.00 in a research report on Tuesday, October 1st. Finally, CIBC upped their price objective on Peyto Exploration & Development from C$17.00 to C$17.50 in a report on Friday. One 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. Based on 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.