Kiwetinohk Energy (TSE:KEC) Hits New 52-Week High at $14.59

Kiwetinohk Energy Corp. (TSE:KEC - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$14.59 and last traded at C$14.59, with a volume of 600 shares changing hands. The stock had previously closed at C$14.50.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets boosted their target price on shares of Kiwetinohk Energy from C$17.00 to C$18.00 in a report on Friday, August 2nd. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Kiwetinohk Energy currently has a consensus rating of "Buy" and a consensus price target of C$20.17.

Kiwetinohk Energy Stock Down 2.3 %

The company has a market cap of C$618.80 million, a PE ratio of 30.15 and a beta of 0.31. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 31.07. The company's 50 day moving average is C$13.38 and its 200 day moving average is C$12.46.

Kiwetinohk Energy (TSE:KEC - Get Free Report) last issued its earnings results on Wednesday, July 31st. The company reported C$0.55 earnings per share for the quarter, topping the consensus estimate of C$0.54 by C$0.01. Kiwetinohk Energy had a return on equity of 3.03% and a net margin of 4.53%. The business had revenue of C$112.40 million during the quarter, compared to analysts' expectations of C$124.70 million. As a group, analysts predict that Kiwetinohk Energy Corp. will post 1.6694511 earnings per share for the current fiscal year.

About Kiwetinohk Energy

Kiwetinohk Energy Corp., an energy transition company, develops and produces of natural gas and related products in Canada. The company sells crude oil, natural gas, condensate, and natural gas liquids. It also in the process of developing renewable, and natural gas-fired power generation projects to incorporate carbon capture technology, as well as explores and develops of petroleum and natural gas in western Canada.