Stock Traders Buy High Volume of Call Options on Keel Infrastructure (NASDAQ:KEEL)

Keel Infrastructure (NASDAQ:KEEL) saw unusually large options trading activity on Tuesday. Stock traders bought 51,547 call options on the company. This is an increase of 111% compared to the average daily volume of 24,456 call options.

Keel Infrastructure Stock Up 20.9%

Shares of Keel Infrastructure stock opened at $2.84 on Wednesday. The company has a debt-to-equity ratio of 1.03, a current ratio of 5.58 and a quick ratio of 5.52. Keel Infrastructure has a 12-month low of $0.70 and a 12-month high of $6.60.

Wall Street Analyst Weigh In

Separately, Cantor Fitzgerald reduced their price objective on shares of Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Keel Infrastructure has a consensus rating of “Buy” and an average price target of $3.00.

About Keel Infrastructure

Bitfarms Ltd. is a bitcoin mining company. It provides vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver operational performance and uptime. Bitfarms Ltd. is based in TORONTO, Ontario.