Keyera (OTCMKTS:KEYUF) Shares Break Below 200 Day Moving Average – What’s Next?

Keyera Corp. (OTCMKTS:KEYUF – Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $38.89 and traded as low as $38.7380. Keyera shares last traded at $38.7880, with a volume of 87,086 shares changing hands.

Wall Street Analysts Forecast Growth

KEYUF has been the subject of several research analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Keyera in a research report on Monday, August 10th. TD Securities restated a “buy” rating on shares of Keyera in a research report on Friday, October 16th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Keyera in a research report on Thursday, October 22nd. Scotiabank restated an “outperform” rating on shares of Keyera in a report on Tuesday, July 21st. Finally, Citigroup reaffirmed a “buy” rating on shares of Keyera in a research report on Tuesday, August 18th. Seven research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on Keyera

Keyera Stock Down 1.1%

The business’s 50 day moving average is $39.59 and its two-hundred day moving average is $38.89.

About Keyera

(Get Free Report)

Keyera Corp. (OTCMKTS:KEYUF) is a Canadian energy infrastructure company that provides midstream services for natural gas, natural gas liquids (NGLs), and crude oil. The company connects producers with markets by gathering, processing, fractionating, storing, transporting, and marketing energy products.

Keyera’s operations include natural gas gathering and processing facilities, NGL fractionation and storage assets, and pipelines serving producing regions and downstream markets. Its product portfolio includes condensate, ethane, propane, butanes, and natural gasoline, which are used in fuels, petrochemical manufacturing, and other industrial applications.

Founded in 1998 and headquartered in Calgary, Alberta, Keyera primarily serves customers and energy-producing regions across Western Canada.

Further Reading

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