Liam Daniel Wilson Acquires 30,769 Shares of Keel Infrastructure (NASDAQ:KEEL) Stock

Keel Infrastructure (NASDAQ:KEELGet Free Report) COO Liam Daniel Wilson bought 30,769 shares of Keel Infrastructure stock in a transaction dated Thursday, August 20th. The stock was acquired at an average cost of $3.25 per share, with a total value of $99,999.25. Following the transaction, the chief operating officer owned 100,978 shares of the company’s stock, valued at $328,178.50. This trade represents a 43.82% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Keel Infrastructure Price Performance

NASDAQ:KEEL traded up $0.12 during trading hours on Thursday, reaching $3.37. 38,441,323 shares of the company were exchanged, compared to its average volume of 39,487,906. The firm has a market capitalization of $2.08 billion, a P/E ratio of -11.23 and a beta of 4.14. Keel Infrastructure has a 1-year low of $1.21 and a 1-year high of $7.37. The company has a debt-to-equity ratio of 3.11, a current ratio of 16.26 and a quick ratio of 16.10. The firm has a 50 day moving average of $4.60.

Keel Infrastructure (NASDAQ:KEELGet Free Report) last released its earnings results on Monday, August 10th. The company reported ($0.11) EPS for the quarter. Keel Infrastructure had a negative net margin of 230.59% and a negative return on equity of 66.18%. The firm had revenue of $30.43 million during the quarter. During the same quarter in the prior year, the company posted ($0.05) earnings per share. As a group, equities research analysts anticipate that Keel Infrastructure will post -0.43 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on KEEL. Lake Street Capital set a $5.50 price target on Keel Infrastructure in a research note on Monday, May 11th. Citizens Jmp began coverage on Keel Infrastructure in a research report on Wednesday, June 24th. They set an “outperform” rating and a $10.00 price objective on the stock. Alliance Global Partners reaffirmed a “buy” rating on shares of Keel Infrastructure in a report on Monday, May 11th. Chardan Capital reiterated a “buy” rating and issued a $5.50 target price on shares of Keel Infrastructure in a research report on Monday, June 8th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Keel Infrastructure in a research note on Monday, July 13th. Seven analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $6.25.

View Our Latest Stock Report on Keel Infrastructure

Hedge Funds Weigh In On Keel Infrastructure

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Compass Financial Management LLC acquired a new position in Keel Infrastructure in the 2nd quarter valued at approximately $348,000. Public Employees Retirement System of Ohio acquired a new position in shares of Keel Infrastructure during the second quarter worth $817,000. Van ECK Associates Corp acquired a new position in shares of Keel Infrastructure during the second quarter worth $1,217,000. Susquehanna Advisors Group Inc. bought a new stake in shares of Keel Infrastructure in the second quarter worth $1,333,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Keel Infrastructure in the second quarter worth $9,989,000. 20.59% of the stock is currently owned by institutional investors and hedge funds.

About Keel Infrastructure

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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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