Keel Infrastructure (NASDAQ:KEEL) Stock: Insider Amy Freedman Purchases 15,000 Shares

Keel Infrastructure (NASDAQ:KEEL) Director Amy Freedman bought 15,000 shares of the stock in a transaction on Thursday, November 12th. The stock was purchased at an average cost of $1.94 per share, for a total transaction of $29,100.00. Following the acquisition, the director directly owned 109,568 shares of the company’s stock, valued at $212,561.92. The trade was a 15.86% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Amy Freedman also recently made the following trade(s):

• On Tuesday, November 10th, Amy Freedman purchased 25,000 shares of Keel Infrastructure stock. The stock was purchased at an average price of $1.88 per share, with a total value of $47,000.00.

Keel Infrastructure Price Performance

Shares of NASDAQ:KEEL traded down $0.10 during midday trading on Friday, hitting $1.85. 17,962,551 shares of the stock were exchanged, compared to its average volume of 37,033,656. The stock has a market cap of $1.14 billion, a P/E ratio of -4.87 and a beta of 4.10. The company has a current ratio of 12.13, a quick ratio of 12.00 and a debt-to-equity ratio of 3.74. Keel Infrastructure has a twelve month low of $1.60 and a twelve month high of $7.37. The company has a 50 day moving average price of $2.94 and a 200-day moving average price of $3.82.

Keel Infrastructure (NASDAQ:KEEL) last released its quarterly earnings data on Thursday, November 5th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.03). The business had revenue of $27.60 million during the quarter. Keel Infrastructure had a negative return on equity of 102.27% and a negative net margin of 309.79%. During the same quarter in the previous year, the company earned ($0.02) EPS. On average, research analysts forecast that Keel Infrastructure will post -0.43 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on KEEL. The Goldman Sachs Group started coverage on shares of Keel Infrastructure in a report on Friday, November 6th. They issued a “neutral” rating and a $2.00 price target on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Keel Infrastructure in a research note on Friday, October 9th. HC Wainwright dropped their price objective on shares of Keel Infrastructure from $4.00 to $3.25 and set a “buy” rating for the company in a research note on Thursday, November 5th. BTIG Research initiated coverage on Keel Infrastructure in a research report on Wednesday, July 22nd. They set a “buy” rating and a $8.00 price objective for the company. Finally, Citigroup reaffirmed a “buy” rating on shares of Keel Infrastructure in a research note on Monday, August 10th. Eight analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Keel Infrastructure currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.41.

Institutional Trading of Keel Infrastructure

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Situational Awareness LP acquired a new position in Keel Infrastructure in the 2nd quarter valued at about $151,831,000. State Street Corp acquired a new stake in shares of Keel Infrastructure during the 2nd quarter worth about $78,100,000. Bank of New York Mellon Corp acquired a new stake in shares of Keel Infrastructure during the 2nd quarter worth about $9,989,000. Banco Santander S.A. grew its holdings in shares of Keel Infrastructure by 2,449.6% during the third quarter. Banco Santander S.A. now owns 1,092,865 shares of the company’s stock worth $3,858,000 after buying an additional 1,050,000 shares in the last quarter. Finally, Tidal Investments LLC purchased a new stake in shares of Keel Infrastructure during the second quarter worth about $3,213,000. Hedge funds and other institutional investors own 20.59% of the company’s stock.

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.