Keyera Corp. (TSE:KEY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$43.23 and traded as high as C$45.37. Keyera shares last traded at C$45.21, with a volume of 1,547,835 shares traded.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on KEY shares. Cibc World Mkts upgraded shares of Keyera from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 14th. Raymond James increased their price objective on Keyera from C$47.00 to C$48.00 and gave the company an "outperform" rating in a report on Wednesday, December 11th. TD Securities set a C$45.00 target price on Keyera and gave the stock a "hold" rating in a report on Wednesday, January 15th. CIBC increased their price target on Keyera from C$46.00 to C$48.00 in a research note on Friday, February 14th. Finally, Scotiabank raised their price objective on Keyera from C$48.00 to C$50.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 11th. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$44.77.
Get Our Latest Stock Report on KEY
Keyera Stock Down 3.8 %
The company has a market cap of C$10.27 billion, a price-to-earnings ratio of 22.99, a P/E/G ratio of 1.35 and a beta of 2.09. The stock's 50-day moving average is C$42.56 and its 200-day moving average is C$43.29. The company has a current ratio of 1.31, a quick ratio of 0.57 and a debt-to-equity ratio of 137.59.
Keyera Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were issued a dividend of $0.52 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $2.08 annualized dividend and a dividend yield of 4.66%. Keyera's dividend payout ratio is currently 107.20%.
About Keyera
(
Get Free Report)
Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil.
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