Keel Infrastructure (NASDAQ:KEEL) CEO Benjamin Gagnon Buys 38,888 Shares

Keel Infrastructure (NASDAQ:KEELGet Free Report) CEO Benjamin Gagnon acquired 38,888 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The shares were acquired at an average price of $3.33 per share, with a total value of $129,497.04. Following the completion of the transaction, the chief executive officer owned 1,386,624 shares in the company, valued at $4,617,457.92. The trade was a 2.89% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Benjamin Gagnon also recently made the following trade(s):

  • On Thursday, August 13th, Benjamin Gagnon bought 58,888 shares of Keel Infrastructure stock. The shares were acquired at an average cost of $3.33 per share, for a total transaction of $196,097.04.

Keel Infrastructure Trading Down 1.5%

KEEL traded down $0.05 during trading hours on Friday, hitting $3.32. 46,968,331 shares of the company’s stock were exchanged, compared to its average volume of 39,536,633. The company has a debt-to-equity ratio of 3.11, a quick ratio of 16.10 and a current ratio of 16.26. The stock’s 50 day moving average price is $4.60. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of -11.07 and a beta of 4.14. Keel Infrastructure has a 12-month low of $1.21 and a 12-month high of $7.37.

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

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Citigroup reiterated a “buy” rating on shares of Keel Infrastructure in a research report on Monday, August 10th. HC Wainwright boosted their price objective 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. Alliance Global Partners reaffirmed a “buy” rating on shares of Keel Infrastructure in a report on Monday, May 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Keel Infrastructure in a report on Monday, July 13th. Finally, BTIG Research assumed coverage on Keel Infrastructure in a research report on Wednesday, July 22nd. They issued a “buy” rating and a $8.00 target price on the stock. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Keel Infrastructure presently has an average rating of “Moderate Buy” and an average price target of $6.25.

View Our Latest Stock Report on KEEL

Institutional Trading of Keel Infrastructure

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

Keel Infrastructure Company Profile

(Get Free Report)

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Further Reading

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