Kelt Exploration Ltd. (TSE:KEL - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$6.14 and traded as high as C$6.29. Kelt Exploration shares last traded at C$6.27, with a volume of 209,183 shares traded.
Wall Street Analyst Weigh In
KEL has been the topic of a number of research analyst reports. National Bankshares decreased their target price on Kelt Exploration from C$9.00 to C$8.75 in a research report on Friday, September 27th. Scotiabank boosted their target price on Kelt Exploration from C$10.00 to C$10.50 and gave the stock an "outperform" rating in a research report on Wednesday, October 16th. Finally, CIBC boosted their target price on Kelt Exploration from C$8.50 to C$10.00 in a research report on Monday, July 15th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of C$8.97.
Read Our Latest Analysis on KEL
Kelt Exploration Stock Up 3.0 %
The company has a debt-to-equity ratio of 1.43, a current ratio of 0.50 and a quick ratio of 0.61. The stock has a market cap of C$1.26 billion, a PE ratio of 19.58 and a beta of 1.93. The business has a fifty day moving average of C$6.28 and a 200-day moving average of C$6.14.
Kelt Exploration (TSE:KEL - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The oil and gas exploration company reported C$0.05 earnings per share (EPS) for the quarter. The firm had revenue of C$109.09 million during the quarter. Kelt Exploration had a return on equity of 6.72% and a net margin of 16.02%. Equities research analysts anticipate that Kelt Exploration Ltd. will post 0.5224359 earnings per share for the current year.
Insider Activity at Kelt Exploration
In other Kelt Exploration news, Senior Officer Douglas Owen Macarthur sold 30,000 shares of the company's stock in a transaction on Monday, August 12th. The stock was sold at an average price of C$6.12, for a total transaction of C$183,600.00. 15.87% of the stock is owned by company insiders.
Kelt Exploration Company Profile
(
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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