Kelt Exploration Ltd. (TSE:KEL) Senior Officer David A. Gillis Sells 10,000 Shares

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

Kelt Exploration Price Performance

Shares of TSE:KEL opened at C$7.31 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.61 and a current ratio of 0.50. Kelt Exploration Ltd. has a 52 week low of C$5.01 and a 52 week high of C$7.59. The firm has a market cap of C$1.43 billion, a PE ratio of 22.15 and a beta of 1.93. The firm’s fifty day moving average is C$6.68 and its 200-day moving average is C$6.36.

Kelt Exploration (TSE:KEL) last announced its earnings results on Thursday, November 7th. The oil and gas exploration company reported C$0.04 EPS for the quarter. The firm 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%. Sell-side analysts predict that Kelt Exploration Ltd. will post 0.5224359 earnings per share for the current year.

Analyst Ratings Changes

KEL has been the topic of a number of research analyst reports. BMO Capital Markets raised their price target on shares of Kelt Exploration from C$8.50 to C$9.00 in a research note on Friday, December 13th. 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 note on Wednesday, October 16th. Finally, National Bankshares increased their price target on Kelt Exploration from C$8.75 to C$9.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Kelt Exploration presently has a consensus rating of “Buy” and a consensus 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.