Kelt Exploration Ltd. (TSE:KEL - Get Free Report) Senior Officer Douglas Jeffery Errico purchased 5,500 shares of the firm's stock in a transaction dated Wednesday, March 26th. The shares were bought at an average cost of C$6.78 per share, for a total transaction of C$37,290.00.
Kelt Exploration Trading Down 0.9 %
Shares of TSE:KEL traded down C$0.06 during mid-day trading on Friday, reaching C$6.74. The stock had a trading volume of 383,450 shares, compared to its average volume of 427,526. The firm has a 50 day simple moving average of C$6.65 and a two-hundred day simple moving average of C$6.61. Kelt Exploration Ltd. has a twelve month low of C$5.45 and a twelve month high of C$7.59. The firm has a market cap of C$1.33 billion, a PE ratio of 23.89 and a beta of 1.93. The company has a current ratio of 0.50, a quick ratio of 0.61 and a debt-to-equity ratio of 4.53.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on KEL shares. CIBC upped their price target on Kelt Exploration from C$10.00 to C$11.50 in a research note on Friday, January 17th. National Bankshares upped their target price on shares of Kelt Exploration from C$9.00 to C$10.00 and gave the company an "outperform" rating in a research report on Thursday, January 30th. Scotiabank lifted their price target on shares of Kelt Exploration from C$10.50 to C$11.50 in a research report on Friday, January 17th. Finally, BMO Capital Markets increased their price objective on shares of Kelt Exploration from C$8.50 to C$9.00 in a report on Friday, December 13th.
Read Our Latest Stock Analysis on KEL
About Kelt Exploration
(
Get Free Report)
Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in Western Canada. The company markets its crude oil and natural gas liquids primarily to third party. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.
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