Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Owen Macarthur Sells 4,700 Shares

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Owen Macarthur sold 4,700 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of C$6.88, for a total transaction of C$32,336.00.

Douglas Owen Macarthur also recently made the following trade(s):

• On Friday, November 15th, Douglas Owen Macarthur sold 18,300 shares of Kelt Exploration stock. The shares were sold at an average price of C$6.80, for a total value of C$124,440.00.

Kelt Exploration Price Performance

TSE:KEL opened at C$6.76 on Tuesday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.50 and a quick ratio of 0.61. Kelt Exploration Ltd. has a one year low of C$5.01 and a one year high of C$7.49. The company has a fifty day moving average price of C$6.38 and a 200 day moving average price of C$6.17. The stock has a market cap of C$1.32 billion, a P/E ratio of 20.48 and a beta of 1.93.

Kelt Exploration (TSE:KEL) last released its earnings results on Thursday, November 7th. The oil and gas exploration company reported C$0.04 earnings per share 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. Analysts anticipate that Kelt Exploration Ltd. will post 0.5224359 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. National Bankshares lowered their price objective on Kelt Exploration from C$9.00 to C$8.75 in a report on Friday, September 27th. Scotiabank lifted their price target on shares of 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. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$8.97.

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.