Keel Infrastructure (NASDAQ:KEEL) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Keel Infrastructure (NASDAQ:KEEL) have received a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating and seven have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $6.25.

Several equities research analysts have recently weighed in on KEEL shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Keel Infrastructure in a research note on Monday, July 13th. Citigroup initiated coverage on Keel Infrastructure in a research note on Wednesday, June 24th. They set an “outperform” rating for the company. Citizens Jmp assumed coverage on Keel Infrastructure in a research report on Wednesday, June 24th. They set an “outperform” rating and a $10.00 price objective for the company. Lake Street Capital set a $5.50 price objective on Keel Infrastructure in a research report on Monday, May 11th. Finally, Cantor Fitzgerald lowered their target price on Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th.

Keel Infrastructure Price Performance

KEEL stock opened at $4.81 on Friday. The firm has a fifty day simple moving average of $5.21. Keel Infrastructure has a 12 month low of $1.14 and a 12 month high of $7.37. The stock has a market cap of $2.97 billion, a P/E ratio of -34.36 and a beta of 4.11. 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 (NASDAQ:KEEL) last issued its quarterly earnings data on Monday, May 11th. The company reported ($0.24) earnings per share (EPS) for the quarter. The business 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, analysts anticipate that Keel Infrastructure will post -0.27 earnings per share 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.