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

Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of C$7.52, for a total transaction of C$75,200.00.

William Charles Guinan also recently made the following trade(s):

• On Wednesday, November 20th, William Charles Guinan sold 10,000 shares of Kelt Exploration stock. The stock was sold at an average price of C$6.90, for a total value of C$69,000.00.

Kelt Exploration Stock Up 1.1 %

TSE KEL traded up C$0.08 during trading on Wednesday, reaching C$7.49. 306,222 shares of the company’s stock were exchanged, compared to its average volume of 327,250. The company has a current ratio of 0.50, a quick ratio of 0.61 and a debt-to-equity ratio of 1.43. Kelt Exploration Ltd. has a fifty-two week low of C$5.01 and a fifty-two week high of C$7.54. The company’s fifty day simple moving average is C$6.64 and its 200-day simple moving average is C$6.34. The firm has a market capitalization of C$1.47 billion, a PE ratio of 22.70 and a beta of 1.93.

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

Wall Street Analyst Weigh In

Several research analysts recently weighed in on KEL shares. Scotiabank raised their target price on Kelt Exploration from C$10.00 to C$10.50 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. BMO Capital Markets raised their price objective on shares of Kelt Exploration from C$8.50 to C$9.00 in a research report on Friday, December 13th. Finally, National Bankshares increased their target price on shares of Kelt Exploration from C$8.75 to C$9.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat, Kelt Exploration currently has a consensus rating of “Buy” and a consensus target price of C$9.06.

About Kelt Exploration

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.