Peyto Exploration & Development (OTCMKTS:PEYUF) Trading Up 1.4% – Still a Buy?

Shares of Peyto Exploration & Development Corp. (OTCMKTS:PEYUFGet Free Report) shot up 1.4% on Tuesday . The stock traded as high as $11.93 and last traded at $11.90. 17,075 shares were traded during trading, a decline of 64% from the average session volume of 47,555 shares. The stock had previously closed at $11.74.

Peyto Exploration & Development Stock Down 3.8 %

The firm has a fifty day moving average of $11.55 and a two-hundred day moving average of $11.08.

Peyto Exploration & Development Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were paid a $0.0773 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a dividend yield of 8.23%. Peyto Exploration & Development’s payout ratio is 74.96%.

About Peyto Exploration & Development

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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.

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