Keyera Corp. (TSE:KEY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$41.53 and traded as high as C$44.98. Keyera shares last traded at C$44.03, with a volume of 1,000,449 shares traded.
Analyst Ratings Changes
A number of research firms have recently commented on KEY. Raymond James increased their target price on Keyera from C$47.00 to C$48.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. Royal Bank of Canada raised their price target on Keyera from C$45.00 to C$46.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. Citigroup increased their price target on shares of Keyera from C$46.00 to C$50.00 in a research report on Monday, November 18th. National Bankshares increased their target price on shares of Keyera from C$38.00 to C$39.00 in a report on Friday, November 15th. Finally, Jefferies Financial Group raised their price target on Keyera from C$43.00 to C$47.00 and gave the company a "buy" rating in a report on Monday, September 30th. Four investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$43.62.
Read Our Latest Research Report on KEY
Keyera Stock Performance
The company has a debt-to-equity ratio of 143.51, a quick ratio of 0.57 and a current ratio of 1.30. The stock has a market cap of C$10.03 billion, a PE ratio of 29.39, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09. The firm has a fifty day moving average price of C$44.36 and a 200 day moving average price of C$41.58.
Keyera Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.52 per share. The ex-dividend date was Friday, December 13th. This represents a $2.08 annualized dividend and a dividend yield of 4.75%. Keyera's payout ratio is currently 139.60%.
Insider Buying and Selling at Keyera
In other news, Director James Vance Bertram sold 50,000 shares of the company's stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of C$46.38, for a total value of C$2,318,750.00. Company insiders own 0.39% of the company's stock.
About Keyera
(
Get Free Report)
Keyera Corp. engages in the gathering and processing of natural gas; and transportation, storage, and marketing of natural gas liquids (NGLs) in Canada and the United States. It operates through three segments: Gathering and Processing, Liquids Infrastructure, and Marketing. The Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products, and separate the economic components primarily natural gas liquids; and provides gas handling and other ancillary services, such as NGL extraction, NGL handling and loading services, and condensate stabilization services.
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