William Charles Guinan Sells 10,000 Shares of Kelt Exploration Ltd. (TSE:KEL) Stock

Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of C$6.90, for a total transaction of C$69,000.00.

Kelt Exploration Stock Performance

Shares of KEL stock traded up C$0.24 during trading on Wednesday, reaching C$6.91. The company had a trading volume of 424,039 shares, compared to its average volume of 310,611. The firm’s 50 day simple moving average is C$6.41 and its two-hundred day simple moving average is C$6.18. Kelt Exploration Ltd. has a one year low of C$5.01 and a one year high of C$7.38. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.50 and a quick ratio of 0.61. The company has a market capitalization of C$1.35 billion, a PE ratio of 20.21 and a beta of 1.93.

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on KEL shares. National Bankshares decreased their price target on Kelt Exploration from C$9.00 to C$8.75 in a research report on Friday, September 27th. Scotiabank upped their price objective on shares of Kelt Exploration from C$10.00 to C$10.50 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Kelt Exploration presently has a consensus rating of “Buy” and a consensus price target of C$8.97.

Kelt Exploration Company Profile

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.