William Charles Guinan Sells 2,500 Shares of Kelt Exploration Ltd. (TSE:KEL) Stock

Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan sold 2,500 shares of Kelt Exploration stock in a transaction on Monday, March 17th. The shares were sold at an average price of C$6.44, for a total transaction of C$16,100.00.

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

• On Wednesday, January 8th, William Charles Guinan sold 10,000 shares of Kelt Exploration stock. The shares were sold at an average price of C$7.52, for a total value of C$75,200.00.

Kelt Exploration Stock Performance

Shares of TSE:KEL opened at C$6.48 on Thursday. The business has a fifty day moving average of C$6.75 and a 200-day moving average of C$6.58. Kelt Exploration Ltd. has a twelve month low of C$5.45 and a twelve month high of C$7.59. The company has a debt-to-equity ratio of 4.53, a quick ratio of 0.61 and a current ratio of 0.50. The firm has a market cap of C$1.28 billion, a PE ratio of 22.97 and a beta of 1.93.

Wall Street Analyst Weigh In

KEL has been the subject of several analyst reports. National Bankshares upped their target price on shares of Kelt Exploration from C$9.00 to C$10.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th. BMO Capital Markets raised their price target on shares of Kelt Exploration from C$8.50 to C$9.00 in a research note on Friday, December 13th. Scotiabank raised their target price on shares of Kelt Exploration from C$10.50 to C$11.50 in a research note on Friday, January 17th. Finally, CIBC upped their price target on shares of Kelt Exploration from C$10.00 to C$11.50 in a report on Friday, January 17th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Kelt Exploration presently has an average rating of “Buy” and a consensus price target of C$9.64.

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.