Kiwetinohk Energy (TSE:KEC) Trading Down 4.4%

Kiwetinohk Energy Corp. (TSE:KECGet Rating)’s stock price fell 4.4% during mid-day trading on Wednesday . The stock traded as low as C$15.29 and last traded at C$15.37. 13,800 shares were traded during mid-day trading, a decline of 55% from the average session volume of 30,833 shares. The stock had previously closed at C$16.07.

Separately, National Bankshares upped their price objective on Kiwetinohk Energy from C$18.00 to C$20.00 and gave the company an “outperform” rating in a research note on Thursday, May 19th.

The company has a quick ratio of 0.39, a current ratio of 0.44 and a debt-to-equity ratio of 13.87. The company has a market cap of C$676.94 million and a PE ratio of -29.33.

About Kiwetinohk Energy (TSE:KEC)

Kiwetinohk Energy Corp., an energy transition company, engages in the development and production of natural gas in west-central Alberta. It also develops and operates renewable solar and wind power projects; natural gas-fired power generation plants; produces hydrogen; produces and markets oil, condensate, carbon dioxide, and natural gas liquids; and produces clean products from natural gas.

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