Kiwetinohk Energy (TSE:KEC) Trading Down 3.6% – Time to Sell?

Kiwetinohk Energy Corp. (TSE:KEC)’s share price dropped 3.6% on Monday . The company traded as low as C$16.00 and last traded at C$16.00. Approximately 2,060 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 5,033 shares. The stock had previously closed at C$16.60.

Analyst Ratings Changes

Separately, BMO Capital Markets raised their target price on Kiwetinohk Energy from C$20.00 to C$21.00 in a research report on Friday, December 13th.

Kiwetinohk Energy Price Performance

The company has a quick ratio of 0.48, a current ratio of 0.82 and a debt-to-equity ratio of 33.50. The firm has a market capitalization of C$700.14 million, a PE ratio of 10.69 and a beta of 0.29. The stock has a 50-day moving average price of C$16.86 and a 200 day moving average price of C$15.50.

Kiwetinohk Energy Company Profile

Kiwetinohk Energy Corp., an energy transition company, develops and produces of natural gas and related products in Canada. The company sells crude oil, natural gas, condensate, and natural gas liquids. It also in the process of developing renewable, and natural gas-fired power generation projects to incorporate carbon capture technology, as well as explores and develops of petroleum and natural gas in western Canada.