Keyera (OTCMKTS:KEYUF) Stock Price Down 0.8% – What’s Next?

Keyera Corp. (OTCMKTS:KEYUF)’s share price traded down 0.8% during trading on Monday. The stock traded as low as $36.52 and last traded at $36.52. Approximately 87,405 shares were traded during trading, a decline of 31% from the average daily volume of 126,899 shares. The stock had previously closed at $36.82.

Wall Street Analyst Weigh In

KEYUF has been the subject of a number of research analyst reports. Citigroup reissued a “buy” rating on shares of Keyera in a research note on Tuesday, August 18th. Scotiabank reiterated an “outperform” rating on shares of Keyera in a report on Tuesday, July 21st. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Keyera in a research note on Tuesday, June 16th. Royal Bank Of Canada restated an “outperform” rating on shares of Keyera in a report on Monday, August 10th. Finally, TD Securities reiterated a “buy” rating on shares of Keyera in a report on Thursday, July 16th. Seven analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Keyera Price Performance

The stock has a 50 day moving average of $41.23 and a 200 day moving average of $40.16.

About Keyera

Keyera Corp. (OTCMKTS:KEYUF) is a Canadian midstream energy company that develops and operates infrastructure for the gathering, processing, transportation, storage and marketing of natural gas liquids (NGLs), condensate and natural gas. The company provides services that connect oil and natural gas producers with industrial, refining, petrochemical and other end markets.

Keyera’s operations include natural gas gathering and processing facilities, NGL extraction and fractionation plants, pipelines, storage terminals and related infrastructure.