Kelt Exploration Ltd. (TSE:KEL - Get Free Report) Senior Officer Douglas Owen Macarthur sold 13,000 shares of Kelt Exploration stock in a transaction on Friday, July 18th. The shares were sold at an average price of C$7.94, for a total value of C$103,220.00.
Kelt Exploration Price Performance
TSE KEL traded down C$0.16 during trading on Monday, reaching C$7.69. 119,949 shares of the company traded hands, compared to its average volume of 388,608. The company has a debt-to-equity ratio of 4.53, a quick ratio of 0.61 and a current ratio of 0.50. The stock's 50 day moving average price is C$7.14 and its two-hundred day moving average price is C$6.68. The company has a market cap of C$1.52 billion, a price-to-earnings ratio of 27.26 and a beta of 1.93. Kelt Exploration Ltd. has a 1-year low of C$4.90 and a 1-year high of C$7.97.
Analyst Ratings Changes
A number of analysts recently issued reports on KEL shares. Raymond James Financial set a C$9.50 price objective on Kelt Exploration and gave the company an "outperform" rating in a research report on Tuesday, April 8th. CIBC cut their target price on Kelt Exploration from C$11.50 to C$10.75 in a report on Thursday, April 10th. Finally, Royal Bank Of Canada raised their target price on Kelt Exploration from C$8.00 to C$8.50 and gave the company an "outperform" rating in a report on Monday, June 30th.
View Our Latest Stock Report on Kelt Exploration
About Kelt Exploration
(
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Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in Canada. Assets for production are acquired through the purchase of other corporate entities or through a full-cycle exploration program. Kelt traditionally focuses its exploration activities on areas with multizone hydrocarbon potential in Canada.
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