Douglas Owen Macarthur Sells 18,300 Shares of Kelt Exploration Ltd. (TSE:KEL) Stock

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

Kelt Exploration Trading Up 0.3 %

Kelt Exploration stock opened at C$6.79 on Friday. The business has a 50 day moving average price of C$6.38 and a two-hundred day moving average price of C$6.17. 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 12 month low of C$5.01 and a 12 month high of C$7.49. The stock has a market cap of C$1.33 billion, a price-to-earnings ratio of 20.58 and a beta of 1.93.

Kelt Exploration (TSE:KEL) last released its quarterly earnings data on Thursday, November 7th. The oil and gas exploration company reported C$0.04 earnings per share (EPS) for the quarter. The business had revenue of C$107.88 million for the quarter. Kelt Exploration had a return on equity of 6.72% and a net margin of 16.02%. As a group, equities analysts forecast that Kelt Exploration Ltd. will post 0.5224359 EPS for the current year.

Wall Street Analyst Weigh In

KEL has been the subject of a number of research analyst reports. Scotiabank boosted their target price on shares of Kelt Exploration from C$10.00 to C$10.50 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. National Bankshares reduced their price objective on 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 data from MarketBeat, Kelt Exploration presently has a consensus rating of “Buy” and an average price target of C$8.97.

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.