Kelt Exploration Ltd. (TSE:KEL) Senior Officer Sells C$124,440.00 in Stock

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Owen Macarthur sold 18,300 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of C$6.80, for a total value of C$124,440.00.

Kelt Exploration Stock Up 0.3 %

Shares of TSE:KEL opened at C$6.79 on Monday. The company has a current ratio of 0.50, a quick ratio of 0.61 and a debt-to-equity ratio of 1.43. The firm has a 50 day simple moving average of C$6.38 and a 200-day simple moving average of C$6.17. The company has a market capitalization of C$1.33 billion, a PE ratio of 20.58 and a beta of 1.93. Kelt Exploration Ltd. has a twelve month low of C$5.01 and a twelve month high of C$7.49.

Kelt Exploration (TSE:KEL) last announced its quarterly earnings results on Thursday, November 7th. The oil and gas exploration company reported C$0.04 earnings per share for the quarter. The firm 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%. On average, equities analysts predict that Kelt Exploration Ltd. will post 0.5224359 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Scotiabank raised their target price on shares of Kelt Exploration from C$10.00 to C$10.50 and gave the company an “outperform” rating in a report on Wednesday, October 16th. National Bankshares dropped their price objective on shares of Kelt Exploration from C$9.00 to C$8.75 in a research report on Friday, September 27th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently 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.