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Kiwetinohk Energy (TSE:KEC) Hits New 12-Month High - Here's What Happened

Kiwetinohk Energy logo with Energy background

Kiwetinohk Energy Corp. (TSE:KEC - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$21.25 and last traded at C$21.25, with a volume of 2027 shares changing hands. The stock had previously closed at C$21.10.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Royal Bank Of Canada increased their target price on shares of Kiwetinohk Energy from C$18.00 to C$21.00 and gave the stock an "outperform" rating in a report on Monday, June 30th. National Bankshares lifted their price target on Kiwetinohk Energy from C$22.50 to C$24.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th.

View Our Latest Analysis on Kiwetinohk Energy

Kiwetinohk Energy Trading Up 2.9%

The business has a 50 day moving average of C$17.83 and a two-hundred day moving average of C$16.79. The firm has a market cap of C$995.95 million, a P/E ratio of 15.20 and a beta of 0.29. The company has a current ratio of 0.82, a quick ratio of 0.48 and a debt-to-equity ratio of 33.50.

Insider Buying and Selling

In related news, Director Patrick Beverley Carlson bought 10,200 shares of Kiwetinohk Energy stock in a transaction that occurred on Thursday, July 3rd. The stock was acquired at an average price of C$21.67 per share, with a total value of C$220,983.00. Also, Senior Officer Jakub Brogowski purchased 25,000 shares of the stock in a transaction on Tuesday, June 24th. The stock was bought at an average cost of C$20.24 per share, for a total transaction of C$505,982.50. Over the last three months, insiders purchased 62,042 shares of company stock valued at $1,273,498. 14.72% of the stock is currently owned by insiders.

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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