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

Kiwetinohk Energy Corp. (TSE:KEC)’s stock price hit a new 52-week high on Tuesday . The company traded as high as C$16.35 and last traded at C$16.35, with a volume of 14775 shares. The stock had previously closed at C$15.75.

Analysts Set New Price Targets

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

Kiwetinohk Energy Stock Up 3.8 %

The company has a debt-to-equity ratio of 31.07, a current ratio of 0.68 and a quick ratio of 0.48. The company has a fifty day moving average price of C$15.39 and a 200 day moving average price of C$14.33. The company has a market cap of C$714.00 million, a PE ratio of 34.79 and a beta of 0.29.

Kiwetinohk Energy (TSE:KEC) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$0.73 EPS for the quarter, topping analysts’ consensus estimates of C$0.42 by C$0.31. The business had revenue of C$116.71 million during 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, analysts anticipate that Kiwetinohk Energy Corp. will post 2.352 EPS for the current 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.