Keel Infrastructure (NASDAQ:KEEL) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Keel Infrastructure (NASDAQ:KEEL) have earned an average rating of “Moderate Buy” from the seven research firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $5.90.

Several equities analysts have weighed in on KEEL shares. Citizens Jmp assumed coverage on Keel Infrastructure in a research note on Wednesday, June 24th. They set an “outperform” rating and a $10.00 target price on the stock. Alliance Global Partners reissued a “buy” rating on shares of Keel Infrastructure in a research report on Monday, May 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of Keel Infrastructure in a research report on Monday, July 13th. Citigroup started coverage on shares of Keel Infrastructure in a report on Wednesday, June 24th. They set an “outperform” rating for the company. Finally, HC Wainwright boosted their price objective on shares of Keel Infrastructure from $3.70 to $5.50 and gave the company a “buy” rating in a research report on Monday, May 11th.

Keel Infrastructure Stock Up 0.5%

KEEL opened at $3.95 on Friday. The stock has a market capitalization of $2.44 billion, a price-to-earnings ratio of -28.21 and a beta of 4.11. The firm has a fifty day simple moving average of $5.18. The company has a debt-to-equity ratio of 1.37, a current ratio of 9.60 and a quick ratio of 9.43. Keel Infrastructure has a 12-month low of $1.03 and a 12-month high of $7.37.

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 business had revenue of $36.99 million for the quarter. Keel Infrastructure had a negative net margin of 171.23% and a negative return on equity of 32.10%. On average, analysts expect that Keel Infrastructure will post -0.27 earnings per share for the current fiscal year.

Keel Infrastructure Company Profile

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.