Kiwetinohk Energy (TSE:KEC) Sets New 12-Month High – Here’s What Happened

by · The Markets Daily

Shares of Kiwetinohk Energy Corp. (TSE:KEC – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$24.74 and last traded at C$24.70, with a volume of 37100 shares. The stock had previously closed at C$24.69.

Analyst Ratings Changes

Separately, Atb Cap Markets downgraded shares of Kiwetinohk Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Kiwetinohk Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of C$22.50.

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Kiwetinohk Energy Trading Up 0.0%

The stock has a market cap of C$1.10 billion, a P/E ratio of 9.57 and a beta of 0.43. The business’s 50 day simple moving average is C$24.02 and its 200 day simple moving average is C$22.83. The company has a debt-to-equity ratio of 33.50, a current ratio of 0.82 and a quick ratio of 0.48.

Kiwetinohk Energy (TSE:KEC – Get Free Report) last posted its earnings results on Wednesday, November 5th. The company reported C$0.39 EPS for the quarter. Kiwetinohk Energy had a return on equity of 9.15% and a net margin of 13.75%.The business had revenue of C$157.59 million during the quarter. On average, analysts expect that Kiwetinohk Energy Corp. will post 2.352 earnings per share for the current fiscal year.

Kiwetinohk Energy Company Profile

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Kiwetinohk Energy Corp develops and produces natural gas and related products and is in the process of developing renewable, natural gas-fired power, carbon capture and hydrogen clean energy projects.

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