Kiwetinohk Energy (TSE:KEC) Sets New 52-Week High – What’s Next?

Kiwetinohk Energy Corp. (TSE:KEC) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$17.15 and last traded at C$17.15, with a volume of 2350 shares. The stock had previously closed at C$17.06.

Analyst Ratings Changes

Separately, BMO Capital Markets boosted their target price on Kiwetinohk Energy from C$20.00 to C$21.00 in a report on Friday, December 13th.

Kiwetinohk Energy Stock Up 1.2 %

The company has a debt-to-equity ratio of 31.07, a current ratio of 0.68 and a quick ratio of 0.48. The company’s 50-day simple moving average is C$15.62 and its 200 day simple moving average is C$14.49. The firm has a market cap of C$755.93 million, a P/E ratio of 36.83 and a beta of 0.29.

Kiwetinohk Energy (TSE:KEC) last issued its earnings results on Wednesday, November 6th. The company reported C$0.73 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.42 by C$0.31. Kiwetinohk Energy had a return on equity of 3.03% and a net margin of 4.53%. The business had revenue of C$116.71 million during the quarter, compared to analyst estimates of C$117.00 million. Research analysts anticipate that Kiwetinohk Energy Corp. will post 2.352 EPS for the current fiscal year.

Kiwetinohk Energy Company Profile

Kiwetinohk Energy Corp., an energy transition company, develops and produces of natural gas and related products in Canada. The company sells crude oil, natural gas, condensate, and natural gas liquids. It also in the process of developing renewable, and natural gas-fired power generation projects to incorporate carbon capture technology, as well as explores and develops of petroleum and natural gas in western Canada.