Keel Infrastructure (NASDAQ:KEEL) Shares Gap Up – Time to Buy?

Shares of Keel Infrastructure (NASDAQ:KEEL) gapped up prior to trading on Thursday . The stock had previously closed at $3.04, but opened at $3.18. Keel Infrastructure shares last traded at $3.3340, with a volume of 8,569,616 shares.

Wall Street Analyst Weigh In

Several brokerages recently commented on KEEL. Weiss Ratings began coverage on Keel Infrastructure in a report on Wednesday, April 15th. They issued a “sell (d-)” rating for the company. Cantor Fitzgerald cut their price objective on Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $3.00.

Keel Infrastructure Stock Up 13.0%

The company has a debt-to-equity ratio of 1.03, a current ratio of 5.58 and a quick ratio of 5.52. The firm has a market capitalization of $2.07 billion, a P/E ratio of -14.98 and a beta of 3.77.

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.