Kelt Exploration Ltd. (TSE:KEL - Get Free Report) Senior Officer Douglas Owen Macarthur sold 13,000 shares of the company's stock in a transaction dated 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 Stock Up 0.3%
Shares of Kelt Exploration stock traded up C$0.02 on Thursday, hitting C$7.50. The company had a trading volume of 137,739 shares, compared to its average volume of 387,620. The stock has a market capitalization of C$1.48 billion, a price-to-earnings ratio of 26.58 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. The stock has a 50 day moving average of C$7.22 and a 200-day moving average of C$6.69. The company has a debt-to-equity ratio of 4.53, a quick ratio of 0.61 and a current ratio of 0.50.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the company. CIBC cut their target price on Kelt Exploration from C$11.50 to C$10.75 in a research report on Thursday, April 10th. Royal Bank Of Canada upped their price target on Kelt Exploration from C$8.00 to C$8.50 and gave the stock an "outperform" rating in a research note on Monday, June 30th. Finally, Raymond James Financial set a C$9.50 price target on Kelt Exploration and gave the stock an "outperform" rating in a research note on Tuesday, April 8th.
Read Our Latest Report on KEL
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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