Keel Infrastructure (NASDAQ:KEEL) Trading Up 10.1% – Still a Buy?

Keel Infrastructure (NASDAQ:KEELGet Free Report) rose 10.1% during trading on Thursday . The stock traded as high as $4.57 and last traded at $4.6590. Approximately 23,863,226 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 35,203,473 shares. The stock had previously closed at $4.23.

Wall Street Analyst Weigh In

Several research firms have issued reports on KEEL. Cantor Fitzgerald decreased their price objective on shares of Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. HC Wainwright lifted their target price on shares of Keel Infrastructure from $3.70 to $5.50 and gave the company a “buy” rating in a report on Monday, May 11th. Alliance Global Partners reaffirmed a “buy” rating on shares of Keel Infrastructure in a research report on Monday, May 11th. Weiss Ratings started coverage on shares of Keel Infrastructure in a research report on Wednesday, April 15th. They set a “sell (d-)” rating for the company. Finally, Chardan Capital reiterated a “buy” rating and issued a $4.50 price target on shares of Keel Infrastructure in a report on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $4.63.

Read Our Latest Stock Analysis on KEEL

Keel Infrastructure Stock Performance

The company has a debt-to-equity ratio of 1.37, a quick ratio of 9.43 and a current ratio of 9.60. The company has a market cap of $2.80 billion, a PE ratio of -58.00 and a beta of 3.89.

About Keel Infrastructure

(Get Free Report)

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.

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