Brokerages Set Keel Infrastructure (NASDAQ:KEEL) Price Target at $5.90

Shares of Keel Infrastructure (NASDAQ:KEEL) have been assigned an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and seven have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $6.25.

A number of analysts recently commented on KEEL shares. Citizens Jmp started coverage on Keel Infrastructure in a research report on Wednesday, June 24th. They issued an “outperform” rating and a $10.00 price objective for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Keel Infrastructure in a research note on Monday, July 13th. Chardan Capital reiterated a “buy” rating and set a $5.50 price target on shares of Keel Infrastructure in a research report on Monday, June 8th. BTIG Research initiated coverage on shares of Keel Infrastructure in a research note on Wednesday. They set a “buy” rating and a $8.00 price target for the company. Finally, Lake Street Capital set a $5.50 price target on shares of Keel Infrastructure in a research note on Monday, May 11th.

Keel Infrastructure Stock Performance

Shares of KEEL opened at $4.26 on Friday. The company has a fifty day moving average price of $5.21. The company has a market cap of $2.63 billion, a price-to-earnings ratio of -30.43 and a beta of 4.11. Keel Infrastructure has a 52 week low of $1.14 and a 52 week high of $7.37. The company has a debt-to-equity ratio of 1.37, a current ratio of 9.60 and a quick ratio of 9.43.

Keel Infrastructure (NASDAQ:KEEL) last released its earnings results on Monday, May 11th. The company reported ($0.24) earnings per share for the quarter. Keel Infrastructure had a negative return on equity of 32.10% and a negative net margin of 171.23%.The firm had revenue of $36.99 million for the quarter. As a group, research analysts forecast that Keel Infrastructure will post -0.27 EPS 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.