Kiwetinohk Energy (TSE:KEC) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Kiwetinohk Energy (TSE:KEC) had its price target raised by BMO Capital Markets from C$20.00 to C$21.00 in a research report released on Friday,BayStreet.CA reports.

Kiwetinohk Energy Stock Performance

Shares of KEC stock opened at C$15.85 on Friday. The firm has a market capitalization of C$692.17 million, a PE ratio of 33.72 and a beta of 0.29. The company has a quick ratio of 0.48, a current ratio of 0.68 and a debt-to-equity ratio of 31.07. The company has a 50 day moving average price of C$15.25 and a 200-day moving average price of C$14.14. Kiwetinohk Energy has a 52 week low of C$10.61 and a 52 week high of C$16.31.

Kiwetinohk Energy (TSE:KEC) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$0.73 EPS for the quarter, beating the consensus estimate of C$0.42 by C$0.31. Kiwetinohk Energy had a net margin of 4.53% and a return on equity of 3.03%. The firm had revenue of C$116.71 million during the quarter, compared to analyst estimates of C$117.00 million. As a group, equities research analysts expect that Kiwetinohk Energy will post 2.352 earnings per share for the current year.

About Kiwetinohk Energy

Kiwetinohk Energy Corp., an energy transition company, develops and produces of natural gas and related products in Canada. The company sells crude oil, natural gas, condensate, and natural gas liquids. It also in the process of developing renewable, and natural gas-fired power generation projects to incorporate carbon capture technology, as well as explores and develops of petroleum and natural gas in western Canada.