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

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Owen Macarthur sold 18,300 shares of Kelt Exploration stock in a transaction that occurred 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 Price Performance

Shares of KEL stock opened at C$6.79 on Friday. 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 firm has a fifty day moving average of C$6.38 and a 200-day moving average of C$6.17. The firm has a market capitalization of C$1.33 billion, a price-to-earnings ratio of 20.58 and a beta of 1.93.

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

Wall Street Analysts Forecast Growth

Several analysts have commented on KEL shares. National Bankshares dropped their target price on shares of Kelt Exploration from C$9.00 to C$8.75 in a research report on Friday, September 27th. Scotiabank lifted their price objective on 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. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat, Kelt Exploration has an average rating of “Buy” and a consensus target price 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.