Keyera (OTCMKTS:KEYUF) Shares Down 1.4% – Should You Sell?

Keyera Corp. (OTCMKTS:KEYUF) fell 1.4% during trading on Tuesday . The stock traded as low as $38.76 and last traded at $38.77. 9,727 shares traded hands during trading, a decline of 90% from the average session volume of 95,107 shares. The stock had previously closed at $39.31.

Analysts Set New Price Targets

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

Keyera Trading Down 1.4%

The firm’s 50-day moving average price is $34.73 and its two-hundred day moving average price is $32.79.

About Keyera

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.