Keel Infrastructure (NASDAQ:KEEL) Shares Up 9.1% – Still a Buy?

Keel Infrastructure (NASDAQ:KEEL) rose 9.1% on Wednesday . The stock traded as high as $3.10 and last traded at $3.0550. Approximately 8,042,135 shares traded hands during trading, a decline of 77% from the average daily volume of 34,894,480 shares. The stock had previously closed at $2.80.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Cantor Fitzgerald reduced their target price on Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Weiss Ratings started coverage on Keel Infrastructure in a research report on Wednesday, April 15th. They set a “sell (d-)” rating on the stock. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, Keel Infrastructure has a consensus rating of “Hold” and a consensus price target of $3.00.

Keel Infrastructure Stock Performance

The company has a debt-to-equity ratio of 1.03, a quick ratio of 5.52 and a current ratio of 5.58.

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.