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 business’s stock in a transaction dated Friday, January 10th. The shares were sold at an average price of C$7.48, for a total transaction of C$74,800.00.

Kelt Exploration Trading Down 2.0 %

Shares of KEL stock traded down C$0.15 on Friday, reaching C$7.31. 327,351 shares of the stock were exchanged, compared to its average volume of 333,075. Kelt Exploration Ltd. has a 1-year low of C$5.01 and a 1-year high of C$7.59. The stock has a market cap of C$1.43 billion, a P/E ratio of 22.15 and a beta of 1.93. The company has a quick ratio of 0.61, a current ratio of 0.50 and a debt-to-equity ratio of 1.43. The firm has a 50 day moving average of C$6.68 and a two-hundred day moving average of C$6.36.

Kelt Exploration (TSE:KEL) last released its quarterly earnings data on Thursday, November 7th. The oil and gas exploration company reported C$0.04 EPS for the quarter. Kelt Exploration had a return on equity of 6.72% and a net margin of 16.02%. The company had revenue of C$107.88 million for the quarter. On average, research analysts anticipate that Kelt Exploration Ltd. will post 0.5224359 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on KEL shares. National Bankshares lifted their price target on shares of Kelt Exploration from C$8.75 to C$9.00 and gave the stock an “outperform” rating in a report on Thursday, December 19th. BMO Capital Markets boosted their price target on Kelt Exploration from C$8.50 to C$9.00 in a report on Friday, December 13th. Finally, Scotiabank raised their price objective 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 analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Kelt Exploration has an average 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.