Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Owen Macarthur Sells 10,000 Shares

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Owen Macarthur sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of C$7.22, for a total transaction of C$72,243.00.

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

• On Monday, November 18th, Douglas Owen Macarthur sold 4,700 shares of Kelt Exploration stock. The shares were sold at an average price of C$6.88, for a total transaction of C$32,336.00.
• On Friday, November 15th, Douglas Owen Macarthur sold 18,300 shares of Kelt Exploration stock. The stock was sold at an average price of C$6.80, for a total transaction of C$124,440.00.

Kelt Exploration Stock Performance

Shares of TSE KEL opened at C$7.28 on Friday. The stock’s 50-day moving average is C$6.76 and its 200 day moving average is C$6.40. The stock has a market cap of C$1.42 billion, a price-to-earnings ratio of 22.06 and a beta of 1.93. Kelt Exploration Ltd. has a 1-year low of C$5.01 and a 1-year high of C$7.59. The company has a current ratio of 0.50, a quick ratio of 0.61 and a debt-to-equity ratio of 1.43.

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

Analyst Ratings Changes

Several research firms recently issued reports on KEL. CIBC lifted their price objective on Kelt Exploration from C$10.00 to C$11.50 in a research note on Friday. National Bankshares lifted their price target on Kelt Exploration from C$8.75 to C$9.00 and gave the company an “outperform” rating in a research report on Thursday, December 19th. Scotiabank upped their price objective on shares of Kelt Exploration from C$10.50 to C$11.50 in a research report on Friday. Finally, BMO Capital Markets lifted their target price on shares of Kelt Exploration from C$8.50 to C$9.00 in a research report on Friday, December 13th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$9.38.

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.