Keel Infrastructure (NASDAQ:KEEL) Research Coverage Started at BTIG Research

BTIG Research started coverage on shares of Keel Infrastructure (NASDAQ:KEEL) in a research note published on Wednesday, MarketBeat.com reports. The firm issued a buy rating and a $8.00 price objective on the stock.

A number of other analysts have also recently commented on KEEL. Citigroup assumed coverage on shares of Keel Infrastructure in a report on Wednesday, June 24th. They set an “outperform” rating on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Keel Infrastructure in a research note on Monday, July 13th. Chardan Capital reissued a “buy” rating and set a $5.50 price target on shares of Keel Infrastructure in a research report on Monday, June 8th. Citizens Jmp began coverage on shares of Keel Infrastructure in a research note on Wednesday, June 24th. They set an “outperform” rating and a $10.00 price objective on the stock. Finally, Cantor Fitzgerald cut their price objective on shares of Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Seven investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $6.25.

Keel Infrastructure Stock Down 11.4%

KEEL opened at $4.26 on Wednesday. The company has a current ratio of 9.60, a quick ratio of 9.43 and a debt-to-equity ratio of 1.37. Keel Infrastructure has a 52 week low of $1.14 and a 52 week high of $7.37. The stock has a market cap of $2.63 billion, a PE ratio of -30.43 and a beta of 4.11. The company has a 50 day moving average price of $5.21.

Keel Infrastructure (NASDAQ:KEEL) last issued its quarterly earnings results on Monday, May 11th. The company reported ($0.24) earnings per share for the quarter. The firm had revenue of $36.99 million during the quarter. Keel Infrastructure had a negative return on equity of 32.10% and a negative net margin of 171.23%. Equities analysts anticipate that Keel Infrastructure will post -0.27 EPS for the current year.

About Keel Infrastructure

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.