William Charles Guinan Sells 2,500 Shares of Kelt Exploration Ltd. (TSE:KEL) Stock

Kelt Exploration Ltd. (TSE:KEL) Director William Charles Guinan sold 2,500 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of C$6.44, for a total value of C$16,100.00.

William Charles Guinan also recently made the following trade(s):

• On Wednesday, January 8th, William Charles Guinan sold 10,000 shares of Kelt Exploration stock. The shares were sold at an average price of C$7.52, for a total value of C$75,200.00.

Kelt Exploration Stock Down 0.5 %

Shares of Kelt Exploration stock traded down C$0.03 during trading on Tuesday, reaching C$6.42. The company’s stock had a trading volume of 201,263 shares, compared to its average volume of 419,639. The company has a quick ratio of 0.61, a current ratio of 0.50 and a debt-to-equity ratio of 4.53. The company has a market cap of C$1.27 billion, a price-to-earnings ratio of 22.76 and a beta of 1.93. Kelt Exploration Ltd. has a 1-year low of C$5.45 and a 1-year high of C$7.59. The company has a 50-day simple moving average of C$6.78 and a two-hundred day simple moving average of C$6.58.

Wall Street Analyst Weigh In

KEL has been the topic of several recent research reports. Scotiabank increased their target price on Kelt Exploration from C$10.50 to C$11.50 in a research report on Friday, January 17th. BMO Capital Markets increased their target price on Kelt Exploration from C$8.50 to C$9.00 in a research report on Friday, December 13th. CIBC increased their target price on Kelt Exploration from C$10.00 to C$11.50 in a research report on Friday, January 17th. Finally, National Bankshares increased their target price on Kelt Exploration from C$9.00 to C$10.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, Kelt Exploration has a consensus rating of “Buy” and an average target price of C$9.64.

About Kelt Exploration

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.