Keel Infrastructure (NASDAQ:KEEL) Trading 5.4% Higher – Here’s Why

Keel Infrastructure (NASDAQ:KEELGet Free Report) traded up 5.4% during trading on Tuesday . The company traded as high as $6.09 and last traded at $5.9670. 16,843,905 shares traded hands during trading, a decline of 56% from the average session volume of 38,016,160 shares. The stock had previously closed at $5.66.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. HC Wainwright increased their price target on Keel Infrastructure from $3.70 to $5.50 and gave the stock a “buy” rating in a research report on Monday, May 11th. Weiss Ratings assumed coverage on Keel Infrastructure in a research report on Wednesday, April 15th. They set a “sell (d-)” rating on the stock. Cantor Fitzgerald decreased their price target on Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. 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. Finally, Alliance Global Partners restated a “buy” rating on shares of Keel Infrastructure in a research report on Monday, May 11th. Four research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Keel Infrastructure presently has an average rating of “Moderate Buy” and a consensus price target of $4.88.

Get Our Latest Stock Analysis on Keel Infrastructure

Keel Infrastructure Stock Performance

The stock has a market cap of $3.75 billion, a PE ratio of -43.89 and a beta of 4.11. The company has a quick ratio of 9.43, a current ratio of 9.60 and a debt-to-equity ratio of 1.37. The stock’s 50-day simple moving average is $4.21.

About Keel Infrastructure

(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.

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