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 the business’s stock in a transaction that occurred 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 transaction of C$75,200.00.

Kelt Exploration Stock Down 0.9 %

Shares of TSE:KEL opened at C$6.39 on Wednesday. Kelt Exploration Ltd. has a 1 year low of C$5.45 and a 1 year high of C$7.59. The company has a market cap of C$1.26 billion, a PE ratio of 22.65 and a beta of 1.93. The company has a debt-to-equity ratio of 4.53, a current ratio of 0.50 and a quick ratio of 0.61. The stock’s 50-day moving average is C$6.75 and its 200 day moving average is C$6.58.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. National Bankshares boosted their price objective 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. CIBC boosted their price objective on shares of Kelt Exploration from C$10.00 to C$11.50 in a research note on Friday, January 17th. BMO Capital Markets boosted their target price on Kelt Exploration from C$8.50 to C$9.00 in a research note on Friday, December 13th. Finally, Scotiabank boosted their target price on Kelt Exploration from C$10.50 to C$11.50 in a research note on Friday, January 17th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of C$9.64.

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.