Kinder Morgan Canada Limited (KML.TO) (TSE:KML) Trading 0.9% Higher – Time to Buy?

Kinder Morgan Canada Limited (KML.TO) (TSE:KML) shot up 0.9% on Monday . The company traded as high as C$14.94 and last traded at C$14.91. 73,034 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 242,318 shares. The stock had previously closed at C$14.77.

Kinder Morgan Canada Limited (KML.TO) Stock Performance

The stock has a market cap of C$1.73 billion and a P/E ratio of 38.04. The business has a fifty day moving average of C$14.91. The company has a debt-to-equity ratio of 63.46, a current ratio of 0.79 and a quick ratio of 0.71.

Kinder Morgan Canada Limited (KML.TO) Company Profile

Kinder Morgan Canada Limited owns and operates pipeline systems and terminal facilities in Canada. It operates through two segments, Pipelines and Terminals. The Pipelines segment operates Canadian portion of the Cochin pipeline system, a 12-inch diameter multi-product pipeline that comprises of 1000-kilometers of pipeline, and 38 block valves and 10 pump stations for transporting light hydrocarbon liquids between Kankakee, Illinois and Fort Saskatchewan, Alberta; and Jet Fuel pipeline serving Vancouver International Airport.