Kelt Exploration Ltd. (TSE:KEL) Senior Officer Sells C$72,243.00 in Stock

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Owen Macarthur sold 10,000 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of C$7.22, for a total transaction of C$72,243.00.

Douglas Owen Macarthur also recently made the following trade(s):

• On Monday, November 18th, Douglas Owen Macarthur sold 4,700 shares of Kelt Exploration stock. The stock was sold at an average price of C$6.88, for a total value of C$32,336.00.
• On Friday, November 15th, Douglas Owen Macarthur sold 18,300 shares of Kelt Exploration stock. The stock was sold at an average price of C$6.80, for a total transaction of C$124,440.00.

Kelt Exploration Stock Up 2.5 %

Shares of TSE:KEL traded up C$0.18 during mid-day trading on Friday, hitting C$7.28. 992,459 shares of the company traded hands, compared to its average volume of 372,512. The firm has a market cap of C$1.42 billion, a P/E ratio of 22.06 and a beta of 1.93. The firm’s 50 day simple moving average is C$6.75 and its 200 day simple moving average is C$6.40. 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.

Kelt Exploration (TSE:KEL) last released its quarterly earnings data 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 firm had revenue of C$107.88 million during the quarter. On average, equities analysts anticipate that Kelt Exploration Ltd. will post 0.5224359 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. CIBC upped their target price on Kelt Exploration from C$10.00 to C$11.50 in a research report on Friday. BMO Capital Markets upped their target price on shares of Kelt Exploration from C$8.50 to C$9.00 in a report on Friday, December 13th. National Bankshares upped their price target 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. Finally, Scotiabank raised their price objective on shares of Kelt Exploration from C$10.50 to C$11.50 in a research report on Friday. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$9.38.

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.