Kiwetinohk Energy (TSE:KEC) Price Target Raised to C$21.00

Kiwetinohk Energy (TSE:KEC) had its price objective raised by BMO Capital Markets from C$20.00 to C$21.00 in a research note issued to investors on Friday morning,BayStreet.CA reports.

Kiwetinohk Energy Price Performance

KEC stock opened at C$15.85 on Friday. The firm has a 50 day moving average of C$15.25 and a 200-day moving average of C$14.14. The firm has a market capitalization of C$692.17 million, a P/E ratio of 33.72 and a beta of 0.29. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 31.07. Kiwetinohk Energy has a 12 month low of C$10.61 and a 12 month high of C$16.31.

Kiwetinohk Energy (TSE:KEC) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$0.73 earnings per share for the quarter, topping the consensus estimate of C$0.42 by C$0.31. The company had revenue of C$116.71 million for the quarter, compared to analysts’ expectations of C$117.00 million. Kiwetinohk Energy had a net margin of 4.53% and a return on equity of 3.03%. As a group, sell-side analysts predict that Kiwetinohk Energy will post 2.352 earnings per share 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.