Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Owen Macarthur Sells 10,000 Shares

Kelt Exploration Ltd. (TSE:KEL) Senior Officer Douglas Owen Macarthur sold 10,000 shares of the stock in a transaction on 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 shares were sold at an average price of C$6.88, for a total transaction 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 value of C$124,440.00.

Kelt Exploration Price Performance

Shares of KEL stock opened at C$7.28 on Friday. The business’s fifty day moving average is C$6.76 and its 200 day moving average is C$6.40. The company has a quick ratio of 0.61, a current ratio of 0.50 and a debt-to-equity ratio of 1.43. The stock has a market cap of C$1.42 billion, a price-to-earnings ratio of 22.06 and a beta of 1.93. Kelt Exploration Ltd. has a twelve month low of C$5.01 and a twelve month high of C$7.59.

Kelt Exploration (TSE:KEL) last released its earnings results on Thursday, November 7th. The oil and gas exploration company reported C$0.04 earnings per share for the quarter. The firm had revenue of C$107.88 million for the quarter. Kelt Exploration had a net margin of 16.02% and a return on equity of 6.72%. Research analysts expect that Kelt Exploration Ltd. will post 0.5224359 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on KEL. Scotiabank upped their price target on Kelt Exploration from C$10.50 to C$11.50 in a research report on Friday. CIBC upped their target price on Kelt Exploration from C$10.00 to C$11.50 in a report on Friday. National Bankshares lifted their price target on shares of Kelt Exploration from C$8.75 to C$9.00 and gave the company an “outperform” rating in a report on Thursday, December 19th. Finally, BMO Capital Markets upped their price objective on shares of Kelt Exploration from C$8.50 to C$9.00 in a report on Friday, December 13th. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average 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.