Keel Infrastructure Sees Unusually Large Options Volume (NASDAQ:KEEL)

Keel Infrastructure (NASDAQ:KEEL) was the recipient of some unusual options trading on Thursday. Stock traders acquired 103,943 call options on the stock. This is an increase of approximately 57% compared to the typical daily volume of 65,997 call options.

Keel Infrastructure Stock Down 2.0%

Shares of Keel Infrastructure stock opened at $3.97 on Friday. 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 company has a market capitalization of $2.45 billion, a P/E ratio of -28.36 and a beta of 4.11. The company’s 50 day simple moving average is $5.15. Keel Infrastructure has a 52 week low of $1.14 and a 52 week high of $7.37.

Keel Infrastructure (NASDAQ:KEEL) last released its quarterly earnings results on Monday, May 11th. The company reported ($0.24) earnings per share (EPS) for the quarter. The company had revenue of $36.99 million during the quarter. Keel Infrastructure had a negative return on equity of 32.10% and a negative net margin of 171.23%. On average, research analysts anticipate that Keel Infrastructure will post -0.27 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on KEEL shares. HC Wainwright upped their target price on shares of Keel Infrastructure from $3.70 to $5.50 and gave the stock a “buy” rating in a research report on Monday, May 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Keel Infrastructure in a research report on Monday, July 13th. BTIG Research started coverage on Keel Infrastructure in a research report on Wednesday, July 22nd. They set a “buy” rating and a $8.00 price target on the stock. Alliance Global Partners reaffirmed a “buy” rating on shares of Keel Infrastructure in a research note on Monday, May 11th. Finally, Citigroup initiated coverage on Keel Infrastructure in a report on Wednesday, June 24th. They issued an “outperform” rating for the company. Seven investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price 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.