Bruce Douglas Gigg Sells 14,630 Shares of Kelt Exploration Ltd. (TSE:KEL) Stock

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Bruce Douglas Gigg sold 14,630 shares of the stock in a transaction that occurred on Friday, March 28th. The stock was sold at an average price of C$6.75, for a total transaction of C$98,752.50.

Kelt Exploration Trading Down 0.9 %

KEL stock traded down C$0.06 during trading on Friday, hitting C$6.74. The company had a trading volume of 383,450 shares, compared to its average volume of 427,526. The stock has a market cap of C$1.33 billion, a PE ratio of 23.89 and a beta of 1.93. The business has a 50-day moving average of C$6.65 and a 200-day moving average of C$6.61. The company has a current ratio of 0.50, a quick ratio of 0.61 and a debt-to-equity ratio of 4.53. Kelt Exploration Ltd. has a one year low of C$5.45 and a one year high of C$7.59.

Analyst Ratings Changes

Several research firms have weighed in on KEL. Scotiabank upped their target price on Kelt Exploration from C$10.50 to C$11.50 in a research note on Friday, January 17th. CIBC raised their price objective on Kelt Exploration from C$10.00 to C$11.50 in a research note on Friday, January 17th. National Bankshares increased their target price on shares of Kelt Exploration from C$9.00 to C$10.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Finally, BMO Capital Markets raised their price objective on Kelt Exploration from C$8.50 to C$9.00 in a report on Friday, December 13th.

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.