Keel Infrastructure Sees Unusually Large Options Volume (NASDAQ:KEEL)

Keel Infrastructure (NASDAQ:KEEL – Get Free Report) was the recipient of unusually large options trading on Thursday. Stock traders purchased 103,943 call options on the stock. This represents an increase of approximately 57% compared to the typical volume of 65,997 call options.

Keel Infrastructure Trading Up 27.4%

Shares of KEEL opened at $4.05 on Friday. Keel Infrastructure has a 12-month low of $1.14 and a 12-month high of $7.37. The firm has a market capitalization of $2.50 billion, a PE ratio of -28.93 and a beta of 4.11. The company has a current ratio of 9.60, a quick ratio of 9.43 and a debt-to-equity ratio of 1.37. The business’s 50-day simple moving average is $5.16.

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Keel Infrastructure (NASDAQ:KEEL – Get Free Report) last released its quarterly earnings results on Monday, May 11th. The company reported ($0.24) EPS for the quarter. Keel Infrastructure had a negative net margin of 171.23% and a negative return on equity of 32.10%. The business had revenue of $36.99 million during the quarter. As a group, analysts forecast that Keel Infrastructure will post -0.27 EPS for the current fiscal year.

Analysts Set New Price Targets

KEEL has been the subject of a number of recent analyst reports. Cantor Fitzgerald reduced their target price on Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. HC Wainwright upped their price target on shares of Keel Infrastructure from $3.70 to $5.50 and gave the stock a “buy” rating in a research note on Monday, May 11th. Lake Street Capital set a $5.50 price target on shares of Keel Infrastructure in a report on Monday, May 11th. Citigroup started coverage on shares of Keel Infrastructure in a report on Wednesday, June 24th. They issued an “outperform” rating for the company. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Keel Infrastructure in a research note on Monday, July 13th. Seven investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $6.25.

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Keel Infrastructure Company Profile

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