Kiwetinohk Energy (TSE:KEC) Price Target Raised to C$20.00

Kiwetinohk Energy (TSE:KEC) had its price target upped by equities researchers at BMO Capital Markets from C$18.00 to C$20.00 in a research note issued on Thursday,BayStreet.CA reports. BMO Capital Markets’ price target points to a potential upside of 31.58% from the stock’s current price.

Kiwetinohk Energy Price Performance

Shares of KEC traded up C$0.05 during mid-day trading on Thursday, reaching C$15.20. 100 shares of the company’s stock were exchanged, compared to its average volume of 8,264. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 31.07. Kiwetinohk Energy has a 52-week low of C$10.61 and a 52-week high of C$15.30. The company has a market cap of C$663.78 million, a price-to-earnings ratio of 32.34 and a beta of 0.29. The company has a 50-day simple moving average of C$14.47 and a two-hundred day simple moving average of C$13.60.

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.