Kelt Exploration Ltd. (TSE:KEL) Senior Officer David A. Gillis Sells 14,000 Shares of Stock

Kelt Exploration Ltd. (TSE:KELGet Free Report) Senior Officer David A. Gillis sold 14,000 shares of Kelt Exploration stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of C$5.94, for a total value of C$83,160.00.

Kelt Exploration Stock Up 1.8 %

KEL stock opened at C$6.30 on Friday. The company has a 50 day moving average price of C$6.08 and a two-hundred day moving average price of C$5.99. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.61 and a current ratio of 0.59. The stock has a market capitalization of C$1.23 billion, a P/E ratio of 15.00 and a beta of 2.08. Kelt Exploration Ltd. has a one year low of C$5.01 and a one year high of C$8.16.

Kelt Exploration (TSE:KELGet Free Report) last announced its quarterly earnings data on Thursday, May 9th. The oil and gas exploration company reported C$0.06 EPS for the quarter, missing analysts’ consensus estimates of C$0.07 by C($0.01). Kelt Exploration had a net margin of 19.11% and a return on equity of 8.41%. The business had revenue of C$126.39 million during the quarter. As a group, sell-side analysts expect that Kelt Exploration Ltd. will post 0.4507257 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. ATB Capital dropped their price target on Kelt Exploration from C$9.00 to C$8.50 and set an “outperform” rating for the company in a research report on Wednesday, March 20th. Cormark raised their target price on shares of Kelt Exploration from C$8.50 to C$9.00 in a report on Friday, May 10th. TD Securities upgraded shares of Kelt Exploration from a “hold” rating to a “buy” rating and lifted their target price for the stock from C$7.50 to C$8.00 in a research report on Wednesday, March 20th. National Bankshares increased their price target on shares of Kelt Exploration from C$7.50 to C$9.00 and gave the company an “outperform” rating in a research report on Friday, April 19th. Finally, BMO Capital Markets set a C$8.50 price objective on Kelt Exploration and gave the stock an “outperform” rating in a research report on Tuesday, April 9th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of C$8.69.

Read Our Latest Research Report on Kelt Exploration

About Kelt Exploration

(Get Free Report)

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.

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