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

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

Kelt Exploration Trading Down 2.0 %

Shares of KEL stock opened at C$7.31 on Friday. The stock has a market capitalization of C$1.43 billion, a P/E ratio of 22.15 and a beta of 1.93. The company has a current ratio of 0.50, a quick ratio of 0.61 and a debt-to-equity ratio of 1.43. The firm’s 50 day moving average is C$6.69 and its 200 day moving average is C$6.37. Kelt Exploration Ltd. has a 12-month low of C$5.01 and a 12-month high of C$7.59.

Kelt Exploration (TSE:KEL) last issued 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 return on equity of 6.72% and a net margin of 16.02%. The company had revenue of C$107.88 million during the quarter. Research analysts expect that Kelt Exploration Ltd. will post 0.5224359 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. National Bankshares upped their target price on shares of 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. Scotiabank upped their price objective on Kelt Exploration from C$10.00 to C$10.50 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Finally, BMO Capital Markets lifted their target price on Kelt Exploration from C$8.50 to C$9.00 in a report on Friday, December 13th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average 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.