Keel Infrastructure (NASDAQ:KEEL) Receives Buy Rating from Chardan Capital

Keel Infrastructure (NASDAQ:KEEL)‘s stock had its “buy” rating reaffirmed by analysts at Chardan Capital in a research note issued to investors on Monday,Benzinga reports. They presently have a $5.50 price target on the stock. Chardan Capital’s price objective suggests a potential upside of 3.36% from the company’s previous close.

A number of other research firms have also weighed in on KEEL. Weiss Ratings started coverage on Keel Infrastructure in a research note on Wednesday, April 15th. They set a “sell (d-)” rating on the stock. Alliance Global Partners reissued a “buy” rating on shares of Keel Infrastructure in a research report on Monday, May 11th. Cantor Fitzgerald dropped their price objective on shares of Keel Infrastructure from $5.00 to $3.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Lake Street Capital set a $5.50 price objective on shares of Keel Infrastructure in a research report on Monday, May 11th. Finally, HC Wainwright lifted their target price 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. Four 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, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $4.88.

Keel Infrastructure Price Performance

Shares of KEEL stock traded up $0.19 during trading hours on Monday, reaching $5.32. The company had a trading volume of 14,058,163 shares, compared to its average volume of 36,684,609. Keel Infrastructure has a 12-month low of $0.70 and a 12-month high of $6.60. The company has a debt-to-equity ratio of 1.37, a current ratio of 9.60 and a quick ratio of 9.43. The firm has a market capitalization of $3.21 billion, a PE ratio of -37.61 and a beta of 4.11.

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.