Kiwetinohk Energy (TSE:KEC) Hits New 52-Week High at $14.00

Kiwetinohk Energy Corp. (TSE:KEC)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$14.00 and last traded at C$14.00, with a volume of 7652 shares trading hands. The stock had previously closed at C$13.60.

Analyst Ratings Changes

Separately, BMO Capital Markets upped their price target on shares of Kiwetinohk Energy from C$17.00 to C$18.00 in a research note on Friday, August 2nd. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of C$20.17.

Kiwetinohk Energy Price Performance

The stock has a market cap of C$611.38 million, a price-to-earnings ratio of 8.97 and a beta of 0.28. The stock’s 50 day moving average price is C$13.30 and its two-hundred day moving average price is C$12.38. The company has a quick ratio of 0.48, a current ratio of 1.00 and a debt-to-equity ratio of 29.28.

Kiwetinohk Energy (TSE:KEC) last released its quarterly earnings data on Wednesday, July 31st. The company reported C$0.55 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.54 by C$0.01. The firm had revenue of C$112.40 million for the quarter, compared to analyst estimates of C$124.70 million. Kiwetinohk Energy had a net margin of 15.41% and a return on equity of 10.02%. Equities research analysts forecast that Kiwetinohk Energy Corp. will post 2.0545746 EPS for the current fiscal year.

Kiwetinohk Energy Company Profile

Kiwetinohk Energy Corp., an energy transition company, develops and produces of natural gas and related products in Canada. The company sells crude oil, natural gas, condensate, and natural gas liquids. It also in the process of developing renewable, and natural gas-fired power generation projects to incorporate carbon capture technology, as well as explores and develops of petroleum and natural gas in western Canada.