Keel Infrastructure (NASDAQ:KEEL) Trading Down 6.6% – What’s Next?

Keel Infrastructure (NASDAQ:KEELGet Free Report) fell 6.6% on Wednesday . The stock traded as low as $5.32 and last traded at $5.3620. 6,430,246 shares changed hands during trading, a decline of 84% from the average session volume of 40,533,145 shares. The stock had previously closed at $5.74.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Citigroup started coverage on Keel Infrastructure in a research note on Wednesday, June 24th. They issued an “outperform” rating on the stock. Citizens Jmp began coverage on shares of Keel Infrastructure in a report on Wednesday, June 24th. They set an “outperform” rating and a $10.00 price objective on the stock. Chardan Capital reissued a “buy” rating and issued a $5.50 target price on shares of Keel Infrastructure in a research report on Monday, June 8th. Cantor Fitzgerald lowered their target price 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. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Keel Infrastructure in a research report on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Keel Infrastructure currently has a consensus rating of “Moderate Buy” and an average price target of $5.90.

View Our Latest Stock Report on Keel Infrastructure

Keel Infrastructure Price Performance

The stock has a market capitalization of $3.32 billion, a PE ratio of -38.96 and a beta of 4.11. The company has a debt-to-equity ratio of 1.37, a quick ratio of 9.43 and a current ratio of 9.60. The business’s 50-day moving average price is $4.86.

Keel Infrastructure Company Profile

(Get Free Report)

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.

Further Reading

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