Peyto Exploration & Development Corp. (TSE:PEY) Director Jean-Paul Henri Lachance Sells 31,700 Shares

Peyto Exploration & Development Corp. (TSE:PEY) Director Jean-Paul Henri Lachance sold 31,700 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of C$17.10, for a total transaction of C$542,070.00.

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

• On Thursday, December 19th, Jean-Paul Henri Lachance bought 5,000 shares of Peyto Exploration & Development stock. The shares were 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 shares were 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 shares were 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 stock was sold at an average price of C$16.95, for a total value of C$508,548.00.

Peyto Exploration & Development Price Performance

PEY opened at C$16.97 on Thursday. Peyto Exploration & Development Corp. has a 52-week low of C$12.41 and a 52-week high of C$17.57. The company has a 50 day moving average of C$16.35 and a two-hundred day moving average of C$15.32. The company has a market cap of C$3.32 billion, a P/E ratio of 10.95, a P/E/G ratio of -0.46 and a beta of 1.75. The company has a quick ratio of 0.32, a current ratio of 1.15 and a debt-to-equity ratio of 50.02.

Analyst Ratings Changes

A number of research firms have recently commented on PEY. TD Securities dropped their price objective on shares of Peyto Exploration & Development from C$19.00 to C$18.00 in a research note on Tuesday, October 1st. National Bankshares upped their price target on shares of Peyto Exploration & Development from C$18.00 to C$18.50 in a research report on Friday, September 27th. Atlantic Securities increased their price target on shares of Peyto Exploration & Development from C$17.50 to C$18.50 and gave the stock an “outperform” rating in a research note on Monday, October 7th. Finally, BMO Capital Markets boosted their price objective on shares of Peyto Exploration & Development from C$17.50 to C$18.50 in a research note on Tuesday. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Peyto Exploration & Development has a consensus rating of “Buy” and an average price target of C$17.80.

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.