Shares of Kelt Exploration Ltd. (TSE:KEL - Get Free Report) reached a new 52-week low on Monday . The stock traded as low as C$5.33 and last traded at C$5.47, with a volume of 63209 shares traded. The stock had previously closed at C$5.66.
Analysts Set New Price Targets
Several brokerages have commented on KEL. Scotiabank increased their price target on shares of Kelt Exploration from C$10.50 to C$11.50 in a research note on Friday, January 17th. CIBC dropped their target price on shares of Kelt Exploration from C$11.50 to C$10.75 in a research report on Thursday. BMO Capital Markets boosted their price target on shares of Kelt Exploration from C$8.50 to C$9.00 in a research report on Friday, December 13th. Raymond James set a C$9.50 price objective on shares of Kelt Exploration and gave the company an "outperform" rating in a research note on Tuesday. Finally, National Bankshares upped their target price on Kelt Exploration from C$9.00 to C$10.00 and gave the company an "outperform" rating in a research report on Thursday, January 30th.
View Our Latest Report on KEL
Kelt Exploration Stock Up 2.3 %
The firm has a market capitalization of C$1.06 billion, a PE ratio of 19.00 and a beta of 1.93. The business's fifty day moving average price is C$6.34 and its 200 day moving average price is C$6.58. The company has a quick ratio of 0.61, a current ratio of 0.50 and a debt-to-equity ratio of 4.53.
Insider Activity at Kelt Exploration
In other Kelt Exploration news, Senior Officer Douglas Owen Macarthur sold 45,000 shares of the firm's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of C$6.50, for a total transaction of C$292,500.00. Also, Senior Officer Patrick William George Miles sold 48,000 shares of the business's stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of C$7.35, for a total transaction of C$352,876.80. Insiders have sold a total of 178,856 shares of company stock worth $1,226,688 in the last three months. Insiders own 15.87% of the company's stock.
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.
See Also
Before you consider Kelt Exploration, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kelt Exploration wasn't on the list.
While Kelt Exploration currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
