Kiwetinohk Energy (TSE:KEC) Price Target Raised to C$21.00

Kiwetinohk Energy (TSE:KEC) had its price objective raised by Royal Bank Of Canada from C$18.00 to C$21.00 in a research report report published on Monday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Separately, National Bankshares upped their target price on shares of Kiwetinohk Energy from C$22.50 to C$24.00 and gave the company an “outperform” rating in a report on Thursday, May 8th.

Kiwetinohk Energy Trading Up 0.7%

Shares of Kiwetinohk Energy stock opened at C$21.25 on Monday. The company has a fifty day simple moving average of C$17.53 and a 200-day simple moving average of C$16.69. Kiwetinohk Energy has a 12-month low of C$12.51 and a 12-month high of C$21.30. The company has a current ratio of 0.82, a quick ratio of 0.48 and a debt-to-equity ratio of 33.50. The stock has a market cap of C$929.87 million, a price-to-earnings ratio of 14.19 and a beta of 0.29.

Insider Activity at Kiwetinohk Energy

In related news, Director Judith Athaide bought 4,842 shares of the stock in a transaction dated Friday, June 27th. The stock was acquired at an average price of C$20.65 per share, for a total transaction of C$99,987.30. Also, Senior Officer Jakub Brogowski bought 25,000 shares of the stock in a transaction dated Tuesday, June 24th. The stock was bought at an average price of C$20.24 per share, with a total value of C$505,982.50. In the last quarter, insiders have acquired 51,842 shares of company stock worth $1,052,515. Corporate insiders own 14.72% of the company’s stock.

About Kiwetinohk Energy

Kiwetinohk Energy Corp develops and produces natural gas and related products and is in the process of developing renewable, natural gas-fired power, carbon capture and hydrogen clean energy projects.