Kiwetinohk Energy (TSE:KEC - Get Free Report) had its price objective increased by analysts at Royal Bank Of Canada from C$18.00 to C$21.00 in a report issued on Monday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. Royal Bank Of Canada's target price would suggest a potential downside of 5.06% from the company's previous close.
Separately, National Bankshares increased their target price on Kiwetinohk Energy from C$22.50 to C$24.00 and gave the company an "outperform" rating in a research note on Thursday, May 8th.
Check Out Our Latest Analysis on KEC
Kiwetinohk Energy Price Performance
Shares of TSE:KEC traded up C$0.87 during trading on Monday, reaching C$22.12. The company had a trading volume of 25,976 shares, compared to its average volume of 16,643. The company has a fifty day moving average of C$17.67 and a two-hundred day moving average of C$16.74. The company has a current ratio of 0.82, a quick ratio of 0.48 and a debt-to-equity ratio of 33.50. The stock has a market capitalization of C$967.94 million, a P/E ratio of 14.77 and a beta of 0.29. Kiwetinohk Energy has a 12 month low of C$12.51 and a 12 month high of C$22.18.
Insider Transactions at Kiwetinohk Energy
In other Kiwetinohk Energy news, Director Steven William Sinclair purchased 20,000 shares of Kiwetinohk Energy stock in a transaction on Thursday, June 26th. The shares were acquired at an average cost of C$20.25 per share, for a total transaction of C$405,000.00. Also, Senior Officer Jakub Brogowski purchased 25,000 shares of the firm's stock in a transaction on Tuesday, June 24th. The shares were acquired at an average cost of C$20.24 per share, for a total transaction of C$505,982.50. Over the last 90 days, insiders have purchased 51,842 shares of company stock worth $1,052,515. 14.72% of the stock is owned by corporate 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.
See Also
Before you consider Kiwetinohk Energy, 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 Kiwetinohk Energy wasn't on the list.
While Kiwetinohk Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.