Keel Infrastructure (NASDAQ:KEEL) Stock Price Up 8.1% – What’s Next?

Keel Infrastructure (NASDAQ:KEEL) shot up 8.1% during mid-day trading on Thursday . The stock traded as high as $4.47 and last traded at $4.4850. 18,952,843 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 35,125,535 shares. The stock had previously closed at $4.15.

Analysts Set New Price Targets

A number of research firms recently weighed in on KEEL. Alliance Global Partners reaffirmed a “buy” rating on shares of Keel Infrastructure in a report on Monday. HC Wainwright upped their target price on shares of Keel Infrastructure from $3.70 to $5.50 and gave the stock a “buy” rating in a report on Monday. Chardan Capital reaffirmed a “buy” rating and set a $4.50 target price on shares of Keel Infrastructure in a report on Monday. Lake Street Capital set a $5.50 target price on shares of Keel Infrastructure in a report on Monday. Finally, Weiss Ratings began coverage on shares of Keel Infrastructure in a report on Wednesday, April 15th. They set a “sell (d-)” rating on the stock. Four research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $4.63.

Keel Infrastructure Stock Up 8.1%

The company has a debt-to-equity ratio of 1.37, a quick ratio of 5.52 and a current ratio of 9.60. The company has a market capitalization of $2.70 billion, a P/E ratio of -56.06 and a beta of 3.89.

About Keel Infrastructure

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.