Keel Infrastructure (NASDAQ:KEEL) Reaches New 52-Week High – Here’s What Happened

Keel Infrastructure (NASDAQ:KEELGet Free Report) reached a new 52-week high on Monday . The company traded as high as $6.95 and last traded at $7.0930, with a volume of 3919083 shares. The stock had previously closed at $6.29.

Analysts Set New Price Targets

A number of research analysts have commented on KEEL shares. Cantor Fitzgerald decreased their target price on shares of Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. HC Wainwright increased their price objective on shares of Keel Infrastructure from $3.70 to $5.50 and gave the stock a “buy” rating in a research report on Monday, May 11th. Lake Street Capital set a $5.50 target price on Keel Infrastructure in a research report on Monday, May 11th. Alliance Global Partners restated a “buy” rating on shares of Keel Infrastructure in a research note on Monday, May 11th. Finally, Chardan Capital restated a “buy” rating and set a $5.50 price target on shares of Keel Infrastructure in a research report on Monday, June 8th. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $4.88.

Get Our Latest Stock Report on KEEL

Keel Infrastructure Stock Up 12.8%

The company’s fifty day moving average is $4.36. The firm has a market cap of $4.28 billion, a PE ratio of -51.11 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.

About Keel Infrastructure

(Get Free Report)

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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