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Kiwetinohk Energy (TSE:KEC) Sets New 1-Year High - Should You Buy?

Kiwetinohk Energy logo with Energy background

Kiwetinohk Energy Corp. (TSE:KEC - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$18.26 and last traded at C$18.15, with a volume of 3100 shares changing hands. The stock had previously closed at C$17.68.

Wall Street Analysts Forecast Growth

Separately, National Bankshares lifted their target price on shares of Kiwetinohk Energy from C$22.50 to C$24.00 and gave the stock an "outperform" rating in a research note on Thursday, May 8th.

View Our Latest Stock Report on KEC

Kiwetinohk Energy Trading Up 1.6%

The firm has a 50-day simple moving average of C$15.99 and a 200-day simple moving average of C$16.25. The company has a quick ratio of 0.48, a current ratio of 0.82 and a debt-to-equity ratio of 33.50. The stock has a market cap of C$799.91 million, a PE ratio of 12.21 and a beta of 0.29.

About Kiwetinohk Energy

(Get Free Report)

Kiwetinohk Energy Corp develops and produces natural gas and related products and is in the process of developing renewable, natural gas-fired power, carbon capture and hydrogen clean energy projects.

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