Kelt Exploration Ltd. (TSE:KEL) Senior Officer David A. Gillis Sells 10,000 Shares

Kelt Exploration Ltd. (TSE:KEL) Senior Officer David A. Gillis sold 10,000 shares of the stock in a transaction dated Friday, January 10th. The stock was sold at an average price of C$7.48, for a total value of C$74,800.00.

Kelt Exploration Trading Down 2.0 %

TSE KEL opened at C$7.31 on Friday. The company has a quick ratio of 0.61, a current ratio of 0.50 and a debt-to-equity ratio of 1.43. Kelt Exploration Ltd. has a 52 week low of C$5.01 and a 52 week high of C$7.59. The business has a 50 day moving average price of C$6.68 and a 200-day moving average price of C$6.36. The company has a market cap of C$1.43 billion, a price-to-earnings ratio of 22.15 and a beta of 1.93.

Kelt Exploration (TSE:KEL) last announced 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. As a group, equities analysts expect that Kelt Exploration Ltd. will post 0.5224359 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

KEL has been the topic of several research analyst reports. Scotiabank upped their target price on Kelt Exploration from C$10.00 to C$10.50 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. National Bankshares increased their price target on Kelt Exploration from C$8.75 to C$9.00 and gave the stock an “outperform” rating in a report on Thursday, December 19th. Finally, BMO Capital Markets lifted their price objective on shares of Kelt Exploration from C$8.50 to C$9.00 in a research note on Friday, December 13th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Kelt Exploration has an average rating of “Buy” and an average price target of C$9.06.

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.