Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan Sells 10,000 Shares

Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of C$6.90, for a total transaction of C$69,000.00.

Kelt Exploration Stock Down 2.1 %

Shares of TSE:KEL opened at C$6.93 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.61 and a current ratio of 0.50. Kelt Exploration Ltd. has a 52-week low of C$5.01 and a 52-week high of C$7.30. The company has a market capitalization of C$1.36 billion, a PE ratio of 21.00 and a beta of 1.93. The company has a fifty day moving average of C$6.45 and a 200-day moving average of C$6.19.

Kelt Exploration (TSE:KEL) last issued its earnings results on Thursday, November 7th. The oil and gas exploration company reported C$0.04 earnings per share (EPS) for the quarter. Kelt Exploration had a return on equity of 6.72% and a net margin of 16.02%. The business had revenue of C$107.88 million during the quarter. On average, equities analysts predict that Kelt Exploration Ltd. will post 0.5224359 EPS for the current fiscal year.

Wall Street Analyst Weigh In

KEL has been the subject of several research analyst reports. National Bankshares lowered their price objective on shares of Kelt Exploration from C$9.00 to C$8.75 in a research report on Friday, September 27th. Scotiabank boosted their price target on Kelt Exploration from C$10.00 to C$10.50 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$8.97.

Kelt Exploration Company Profile

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.