Keel Infrastructure (NASDAQ:KEEL) Given Average Rating of “Moderate Buy” by Analysts

Shares of Keel Infrastructure (NASDAQ:KEEL) have been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating and six have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $5.90.

A number of equities analysts recently commented on KEEL shares. Lake Street Capital set a $5.50 price objective on Keel Infrastructure in a report on Monday, May 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Keel Infrastructure in a research note on Monday, July 13th. Alliance Global Partners reissued a “buy” rating on shares of Keel Infrastructure in a research report on Monday, May 11th. Chardan Capital restated a “buy” rating and set a $5.50 price target on shares of Keel Infrastructure in a research note on Monday, June 8th. Finally, Cantor Fitzgerald cut their price target on shares of Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th.

Keel Infrastructure Price Performance

Shares of KEEL stock opened at $3.95 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 9.43 and a current ratio of 9.60. Keel Infrastructure has a fifty-two week low of $1.03 and a fifty-two week high of $7.37. The business has a 50-day moving average price of $5.18. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of -28.21 and a beta of 4.11.

Keel Infrastructure (NASDAQ:KEEL) last posted its quarterly earnings results on Monday, May 11th. The company reported ($0.24) earnings per share for the quarter. The firm 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%. As a group, research analysts expect that Keel Infrastructure will post -0.27 EPS for the current 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.