Keel Infrastructure (NASDAQ:KEEL) Receives $5.90 Average PT from Analysts

Shares of Keel Infrastructure (NASDAQ:KEEL) have been given a consensus recommendation of “Moderate Buy” by the seven research firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $5.90.

Several equities research analysts have commented on the company. Citizens Jmp assumed coverage on Keel Infrastructure in a research report on Wednesday, June 24th. They issued an “outperform” rating and a $10.00 price objective on the stock. Lake Street Capital set a $5.50 target price on shares of Keel Infrastructure in a report on Monday, May 11th. Citigroup started coverage on shares of Keel Infrastructure in a research note on Wednesday, June 24th. They issued an “outperform” rating for the company. Alliance Global Partners restated a “buy” rating on shares of Keel Infrastructure in a research report on Monday, May 11th. Finally, Chardan Capital restated a “buy” rating and set a $5.50 price target on shares of Keel Infrastructure in a research report on Monday, June 8th.

Keel Infrastructure Stock Up 7.1%

Shares of KEEL stock opened at $4.65 on Friday. The firm has a market cap of $2.87 billion, a PE ratio of -33.21 and a beta of 4.11. The company has a 50-day moving average of $5.20. The company has a current ratio of 9.60, a quick ratio of 9.43 and a debt-to-equity ratio of 1.37. Keel Infrastructure has a 52-week low of $1.14 and a 52-week high of $7.37.

Keel Infrastructure (NASDAQ:KEEL) last posted its earnings results on Monday, May 11th. The company reported ($0.24) EPS for the quarter. The company had revenue of $36.99 million for the quarter. Keel Infrastructure had a negative return on equity of 32.10% and a negative net margin of 171.23%. Sell-side analysts anticipate that Keel Infrastructure will post -0.27 earnings per share for the current fiscal year.

Keel Infrastructure Company Profile

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.