In the last trading session, 4,179,415 shares of the Kelso Technologies Inc.(NYSE:KIQ) were traded, and its beta was 0. Most recently the company’s share price was $1.18, and it changed around $0.03 or 0.03% from the last close, which brings the market valuation of the company to $55.72 Million. KIQ currently trades at a discount to its 52-week high of $1.48, offering almost -25.42% off that amount. The share price’s 52-week low was $0.45, which indicates that the current value has risen by an impressive 61.86% since then. We note from Kelso Technologies Inc.’s average daily trading volume that its 10-day average is 2.61 Million shares, with the 3-month average coming to 2.42 Million.
Kelso Technologies Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 0. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended KIQ as a Hold, whereas 1 deemed it a Buy, and no one rated it as Underweight.
Kelso Technologies Inc. (NYSE:KIQ): Trading Information
Instantly KIQ has showed a green trend with a performance of 2.61% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $1.26 on Monday, Feb 22 increased the stock’s daily price by 6.35%. The company’s shares are currently up 1.17% year-to-date, but still up 0.0442 over the last five days. On the other hand, Kelso Technologies Inc. (NYSE:KIQ) is 0.71% up in the 30-day period. We can see from the shorts that 235.45 Million shares have been sold at a short interest cover period of 97.29 day(s).
The consensus price target as assigned by Wall Street analysts is $2.3, which translates to bears needing to increase their stock price by 94.92% from its current value. Analyst projections state that KIQ is forecast to be at a low of $2.3 and a high of $2.3. In order for the stock price to hit the forecast high, the stock would need to surge +94.92% from its current level, while the stock would need to crash 94.92% from its current level to reach the projected low.
Kelso Technologies Inc. (KIQ) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. Kelso Technologies Inc. earnings are expected to decrease by 0% in 2021, but the outlook is negative 0% per year for the next five years.
Kelso Technologies Inc. (NYSE:KIQ)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 4.27% of Kelso Technologies Inc. shares, and 5.04% of them are in the hands of institutional investors. The stock currently has a share float of 5.26%. Kelso Technologies Inc. stock is held by 10 institutions, with CIBC Private Wealth Group, LLC being the largest institutional investor. By Dec 30, 2020, it held 2.99% of the shares, which is about 1.41 Million shares worth $768.98 Thousand.
Tocqueville Asset Management L.p., with 2.04% or 961.3 Thousand shares worth $523.91 Thousand as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
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