Citizens Jmp Begins Coverage on Keel Infrastructure (NASDAQ:KEEL)

Analysts at Citizens Jmp initiated coverage on shares of Keel Infrastructure (NASDAQ:KEEL) in a note issued to investors on Wednesday. The brokerage set an “outperform” rating and a $10.00 price target on the stock. Citizens Jmp’s price target points to a potential upside of 51.52% from the company’s current price.

Other research analysts have also issued reports about the company. Cantor Fitzgerald cut their price objective on Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Weiss Ratings began coverage on shares of Keel Infrastructure in a research note on Wednesday, April 15th. They set a “sell (d-)” rating on the stock. Lake Street Capital set a $5.50 price objective on shares of Keel Infrastructure in a report on Monday, May 11th. Alliance Global Partners restated a “buy” rating on shares of Keel Infrastructure in a research note on Monday, May 11th. Finally, Citigroup initiated coverage on shares of Keel Infrastructure in a research report on Wednesday. They set an “outperform” rating on the stock. Six research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $5.90.

Keel Infrastructure Stock Performance

KEEL opened at $6.60 on Wednesday. Keel Infrastructure has a 1 year low of $0.74 and a 1 year high of $7.37. The business’s 50 day simple moving average is $4.54. The company has a debt-to-equity ratio of 1.37, a quick ratio of 9.43 and a current ratio of 9.60. The firm has a market cap of $3.98 billion, a P/E ratio of -47.14 and a beta of 4.11.

About Keel Infrastructure

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.