Kiwetinohk Energy (TSE:KEC) Reaches New 1-Year High - Time to Buy?

Kiwetinohk Energy Corp. (TSE:KEC - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$20.66 and last traded at C$20.49, with a volume of 54400 shares. The stock had previously closed at C$20.00.

Analyst Ratings Changes

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

Kiwetinohk Energy Stock Performance

The stock has a market cap of C$896.61 million, a PE ratio of 13.68 and a beta of 0.29. The company has a debt-to-equity ratio of 33.50, a current ratio of 0.82 and a quick ratio of 0.48. The stock has a 50-day simple moving average of C$16.95 and a 200-day simple moving average of C$16.52.

Insider Transactions at Kiwetinohk Energy

In other Kiwetinohk Energy news, Senior Officer Jakub Brogowski bought 25,000 shares of Kiwetinohk Energy stock in a transaction that occurred on Tuesday, June 24th. The shares were acquired at an average price of C$20.24 per share, for a total transaction of C$505,982.50. Company insiders own 14.72% of the company's stock.

About Kiwetinohk Energy

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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