Kelt Exploration Ltd. (TSE:KEL) Senior Officer Sells C$74,800.00 in Stock

Kelt Exploration Ltd. (TSE:KEL) Senior Officer David A. Gillis sold 10,000 shares of the stock in a transaction dated Friday, January 10th. The shares were sold at an average price of C$7.48, for a total transaction of C$74,800.00.

Kelt Exploration Price Performance

TSE:KEL opened at C$7.31 on Monday. The company has a market capitalization of C$1.43 billion, a P/E ratio of 22.15 and a beta of 1.93. The company has a quick ratio of 0.61, a current ratio of 0.50 and a debt-to-equity ratio of 1.43. Kelt Exploration Ltd. has a 52 week low of C$5.01 and a 52 week high of C$7.59. The stock’s fifty day moving average is C$6.69 and its two-hundred day moving average is C$6.37.

Kelt Exploration (TSE:KEL) last posted its 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 company had revenue of C$107.88 million for the quarter. Equities analysts expect that Kelt Exploration Ltd. will post 0.5224359 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on KEL. BMO Capital Markets upped their price target on Kelt Exploration from C$8.50 to C$9.00 in a research report on Friday, December 13th. Scotiabank upped their target price on Kelt Exploration from C$10.00 to C$10.50 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Finally, National Bankshares raised their target price on Kelt Exploration from C$8.75 to C$9.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$9.06.

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.