Key Points
- COO Liam Daniel Wilson bought 30,769 shares of Keel Infrastructure at $3.25 each, investing nearly $100,000 and increasing his ownership by 43.82% to 100,978 shares.
- Keel Infrastructure reported a quarterly loss of $0.11 per share on $30.43 million in revenue, with analysts forecasting a full-year loss of $0.43 per share.
- Institutional ownership stands at 20.59%, while analysts maintain a “Moderate Buy” consensus and an average price target of $6.25 versus the stock’s $3.37 opening price.
Keel Infrastructure (NASDAQ:KEEL - Get Free Report) COO Liam Daniel Wilson purchased 30,769 shares of the business's stock in a transaction on Thursday, August 20th. The shares were purchased at an average cost of $3.25 per share, for a total transaction of $99,999.25. Following the transaction, the chief operating officer owned 100,978 shares of the company's stock, valued at $328,178.50. This trade represents a 43.82% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Keel Infrastructure Trading Up 3.7%
KEEL stock opened at $3.37 on Friday. The firm has a market capitalization of $2.08 billion, a P/E ratio of -11.23 and a beta of 4.14. Keel Infrastructure has a twelve month low of $1.21 and a twelve month high of $7.37. The company has a 50 day moving average price of $4.60. The company has a debt-to-equity ratio of 3.11, a current ratio of 16.26 and a quick ratio of 16.10.
Keel Infrastructure (NASDAQ:KEEL - Get Free Report) last announced its earnings results on Monday, August 10th. The company reported ($0.11) earnings per share (EPS) for the quarter. The business had revenue of $30.43 million for the quarter. Keel Infrastructure had a negative return on equity of 66.18% and a negative net margin of 230.59%.During the same quarter in the previous year, the business posted ($0.05) EPS. Research analysts predict that Keel Infrastructure will post -0.43 EPS for the current fiscal year.
Hedge Funds Weigh In On Keel Infrastructure
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Compass Financial Management LLC acquired a new position in Keel Infrastructure in the 2nd quarter valued at $348,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Keel Infrastructure in the 2nd quarter worth $817,000. Van ECK Associates Corp purchased a new stake in shares of Keel Infrastructure in the second quarter valued at about $1,217,000. Susquehanna Advisors Group Inc. purchased a new stake in shares of Keel Infrastructure in the second quarter valued at about $1,333,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Keel Infrastructure in the second quarter valued at about $9,989,000. 20.59% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have commented on KEEL shares. Chardan Capital restated a "buy" rating and issued a $5.50 price objective on shares of Keel Infrastructure in a research note on Monday, June 8th. Lake Street Capital set a $5.50 target price on shares of Keel Infrastructure in a research note on Monday, May 11th. BTIG Research initiated coverage on Keel Infrastructure in a report on Wednesday, July 22nd. They set a "buy" rating and a $8.00 price target on the stock. Citigroup restated a "buy" rating on shares of Keel Infrastructure in a research report on Monday, August 10th. Finally, Alliance Global Partners reaffirmed a "buy" rating on shares of Keel Infrastructure in a research report on Monday, May 11th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat, Keel Infrastructure has an average rating of "Moderate Buy" and an average target price of $6.25.
Check Out Our Latest Research Report on Keel Infrastructure
Keel Infrastructure Company Profile
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