Douglas Owen Macarthur Sells 4,700 Shares of Kelt Exploration Ltd. (TSE:KEL) Stock

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Owen Macarthur sold 4,700 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of C$6.88, for a total transaction of C$32,336.00.

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

• 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 value of C$124,440.00.

Kelt Exploration Stock Down 0.4 %

Shares of TSE:KEL opened at C$6.76 on Tuesday. The company has a 50 day moving average of C$6.38 and a 200-day moving average of C$6.17. Kelt Exploration Ltd. has a one year low of C$5.01 and a one year high of C$7.49. The stock has a market cap of C$1.32 billion, a price-to-earnings ratio of 20.48 and a beta of 1.93. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.50 and a quick ratio of 0.61.

Kelt Exploration (TSE:KEL) last issued its earnings results 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 company had revenue of C$107.88 million during the quarter. On average, sell-side analysts forecast that Kelt Exploration Ltd. will post 0.5224359 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Scotiabank increased 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. 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. 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 a consensus price target 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.