Kiwetinohk Energy (TSE:KEC) Reaches New 12-Month High at $14.93

Kiwetinohk Energy Corp. (TSE:KEC)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$14.93 and last traded at C$14.93, with a volume of 100 shares changing hands. The stock had previously closed at C$13.70.

Analyst Ratings Changes

Separately, BMO Capital Markets increased their target price on shares of Kiwetinohk Energy from C$17.00 to C$18.00 in a research report on Friday, August 2nd. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Kiwetinohk Energy has a consensus rating of “Buy” and an average price target of C$20.17.

Kiwetinohk Energy Stock Performance

The business has a 50 day moving average of C$13.79 and a 200-day moving average of C$12.93. The company has a market capitalization of C$625.79 million, a P/E ratio of 29.15 and a beta of 0.32. The company has a debt-to-equity ratio of 31.07, a quick ratio of 0.48 and a current ratio of 0.68.

Kiwetinohk Energy (TSE:KEC) last released its quarterly earnings results on Wednesday, July 31st. The company reported C$0.55 EPS for the quarter, beating analysts’ consensus estimates of C$0.54 by C$0.01. The firm had revenue of C$112.40 million during the quarter, compared to analyst estimates of C$124.70 million. Kiwetinohk Energy had a net margin of 4.53% and a return on equity of 3.03%. On average, sell-side analysts predict that Kiwetinohk Energy Corp. will post 2.6499033 EPS for the current fiscal year.

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.