Keel Infrastructure (NASDAQ:KEEL) COO Liam Daniel Wilson Buys 30,769 Shares of Stock

Keel Infrastructure (NASDAQ:KEEL) COO Liam Daniel Wilson bought 30,769 shares of Keel Infrastructure stock in a transaction on Thursday, August 20th. The shares were acquired at an average price of $3.25 per share, for a total transaction of $99,999.25. Following the completion of the acquisition, the chief operating officer owned 100,978 shares in the company, valued at $328,178.50. This represents a 43.82% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Keel Infrastructure Stock Up 3.7%

Shares of KEEL stock opened at $3.37 on Friday. The firm has a 50 day simple moving average of $4.60. The stock has a market cap of $2.08 billion, a PE ratio of -11.23 and a beta of 4.14. The company has a debt-to-equity ratio of 3.11, a current ratio of 16.26 and a quick ratio of 16.10. Keel Infrastructure has a 52 week low of $1.21 and a 52 week high of $7.37.

Keel Infrastructure (NASDAQ:KEEL) last posted its quarterly earnings data on Monday, August 10th. The company reported ($0.11) earnings per share for the quarter. The company had revenue of $30.43 million for the quarter. Keel Infrastructure had a negative return on equity of 66.18% and a negative net margin of 230.59%.During the same quarter in the prior year, the company earned ($0.05) earnings per share. Analysts expect that Keel Infrastructure will post -0.43 EPS for the current fiscal year.

Institutional Trading of Keel Infrastructure

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KEEL. Compass Financial Management LLC purchased a new stake in Keel Infrastructure in the second quarter valued at $348,000. Public Employees Retirement System of Ohio purchased a new position in shares of Keel Infrastructure during the second quarter worth about $817,000. Van ECK Associates Corp purchased a new position in shares of Keel Infrastructure during the second quarter worth about $1,217,000. Susquehanna Advisors Group Inc. acquired a new stake in shares of Keel Infrastructure during the second quarter worth about $1,333,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Keel Infrastructure during the second quarter worth about $9,989,000. Institutional investors and hedge funds own 20.59% of the company’s stock.

Analyst Ratings Changes

KEEL has been the topic of several recent research reports. HC Wainwright upped their price target on Keel Infrastructure from $3.70 to $5.50 and gave the stock a “buy” rating in a report on Monday, May 11th. Chardan Capital reiterated a “buy” rating and issued a $5.50 price target on shares of Keel Infrastructure in a research note on Monday, June 8th. Lake Street Capital set a $5.50 price objective on shares of Keel Infrastructure in a research report on Monday, May 11th. Citizens Jmp started coverage on shares of Keel Infrastructure in a report on Wednesday, June 24th. They issued an “outperform” rating and a $10.00 price objective on the stock. Finally, BTIG Research initiated coverage on shares of Keel Infrastructure in a research note on Wednesday, July 22nd. They set a “buy” rating and a $8.00 target price for the company. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $6.25.

Keel Infrastructure Company Profile

Bitfarms Ltd. is a bitcoin mining company. It provides vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver operational performance and uptime. Bitfarms Ltd. is based in TORONTO, Ontario.