Kelt Exploration Ltd. (TSE:KEL - Get Free Report) Senior Officer Bruce Douglas Gigg sold 27,000 shares of the business's stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of C$6.09, for a total transaction of C$164,430.00.
Kelt Exploration Price Performance
Shares of TSE:KEL opened at C$6.17 on Thursday. The company has a quick ratio of 0.61, a current ratio of 0.83 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of C$1.20 billion, a PE ratio of 14.02 and a beta of 2.10. Kelt Exploration Ltd. has a twelve month low of C$4.56 and a twelve month high of C$8.16. The company has a 50-day moving average price of C$5.75 and a two-hundred day moving average price of C$6.32.
Kelt Exploration (TSE:KEL - Get Free Report) last released its quarterly earnings data on Friday, March 8th. The oil and gas exploration company reported C$0.12 EPS for the quarter, beating analysts' consensus estimates of C$0.10 by C$0.02. Kelt Exploration had a net margin of 19.70% and a return on equity of 9.03%. The company had revenue of C$129.00 million during the quarter. Equities analysts forecast that Kelt Exploration Ltd. will post 0.4653846 EPS for the current year.
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A number of research firms recently issued reports on KEL. TD Securities upgraded shares of Kelt Exploration from a "hold" rating to a "buy" rating and upped their price objective for the stock from C$7.50 to C$8.00 in a research report on Wednesday, March 20th. Raymond James lowered their price objective on shares of Kelt Exploration from C$9.00 to C$8.50 and set an "outperform" rating for the company in a research report on Friday, January 19th. CIBC cut their target price on shares of Kelt Exploration from C$9.00 to C$8.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 16th. National Bankshares cut their target price on shares of Kelt Exploration from C$8.75 to C$7.50 and set an "outperform" rating on the stock in a research note on Wednesday, January 10th. Finally, ATB Capital lowered their price objective on shares of Kelt Exploration from C$9.00 to C$8.50 and set an "outperform" rating on the stock in a report on Wednesday, March 20th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of C$8.50.
Check Out Our Latest Report on Kelt Exploration
About Kelt Exploration
(
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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