Kiwetinohk Energy (TSE:KEC) Trading Down 0.8% – Time to Sell?

Kiwetinohk Energy Corp. (TSE:KEC)’s share price traded down 0.8% on Tuesday . The company traded as low as C$16.65 and last traded at C$16.75. 800 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 7,337 shares. The stock had previously closed at C$16.88.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets increased their price objective on Kiwetinohk Energy from C$20.00 to C$21.00 in a research report on Friday, December 13th.

Kiwetinohk Energy Stock Down 0.2 %

The company has a debt-to-equity ratio of 33.50, a current ratio of 0.82 and a quick ratio of 0.48. The company has a market capitalization of C$739.52 million, a price-to-earnings ratio of 11.29 and a beta of 0.29. The firm’s 50-day simple moving average is C$16.55 and its two-hundred day simple moving average is C$15.68.

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.