Keyera (OTCMKTS:KEYUF) Stock Price Up 1.6% – Here’s What Happened

Keyera Corp. (OTCMKTS:KEYUF) shares rose 1.6% during trading on Wednesday . The company traded as high as $37.7580 and last traded at $37.7580. Approximately 154,674 shares traded hands during mid-day trading, an increase of 53% from the average daily volume of 101,412 shares. The stock had previously closed at $37.1660.

Analyst Ratings Changes

Several research analysts recently weighed in on KEYUF shares. TD Securities reaffirmed a “buy” rating on shares of Keyera in a research note on Friday, February 13th. Scotiabank reiterated an “outperform” rating on shares of Keyera in a research report on Friday, January 16th. Citigroup reissued a “buy” rating on shares of Keyera in a report on Monday, February 23rd. Royal Bank Of Canada restated an “outperform” rating on shares of Keyera in a research report on Tuesday, February 17th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Keyera in a research note on Friday, February 13th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Keyera Stock Up 2.8%

The stock has a fifty day moving average of $38.01 and a 200-day moving average of $34.13.

About Keyera

Keyera Corp. is a Canadian midstream energy company headquartered in Calgary, Alberta, that specializes in the gathering, processing, transportation and marketing of natural gas and natural gas liquids (NGLs). Founded in 1998, Keyera has grown through strategic infrastructure investments to become one of Western Canada’s leading providers of midstream services. The company operates a network of natural gas processing plants, NGL fractionation facilities, pipelines and storage terminals.

Keyera’s core business activities include the purification of raw natural gas to remove contaminants, the separation and fractionation of NGL streams into products such as ethane, propane and butane, and the storage and distribution of these products to end users.