Keyera (OTCMKTS:KEYUF) Trading Up 0.2% – Here’s Why

Keyera Corp. (OTCMKTS:KEYUF)’s share price was up 0.2% on Monday . The stock traded as high as $38.60 and last traded at $38.60. Approximately 134,143 shares were traded during trading, an increase of 35% from the average daily volume of 99,460 shares. The stock had previously closed at $38.5280.

Analysts Set New Price Targets

Several research analysts recently weighed in on KEYUF shares. Citigroup reissued a “buy” rating on shares of Keyera in a research note on Monday, February 23rd. TD Securities reissued a “buy” rating on shares of Keyera in a research note on Friday, February 13th. Scotiabank reissued an “outperform” rating on shares of Keyera in a research note on Friday, January 16th. Royal Bank Of Canada reissued an “outperform” rating on shares of Keyera in a research note on Tuesday, February 17th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Keyera in a research note on Friday, February 13th. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Keyera Stock Up 0.2%

The stock’s 50 day simple moving average is $37.53 and its two-hundred day simple moving average is $33.66.

Keyera Company Profile

Keyera Corp. is a Canadian midstream energy company headquartered in Calgary, Alberta, that specializes in the gathering, processing, transportation and marketing of natural gas and natural gas liquids (NGLs). Founded in 1998, Keyera has grown through strategic infrastructure investments to become one of Western Canada’s leading providers of midstream services. The company operates a network of natural gas processing plants, NGL fractionation facilities, pipelines and storage terminals.

Keyera’s core business activities include the purification of raw natural gas to remove contaminants, the separation and fractionation of NGL streams into products such as ethane, propane and butane, and the storage and distribution of these products to end users.