Kelso Technologies Inc. (AMEX: KIQ) is 112.84% higher on its value in year-to-date trading and has touched a low of $0.44 and a high of $1.48 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KIQ stock was last observed hovering at around $1.30 in the last trading session, with the day’s loss setting it -0.14% off its average median price target of $2.30 for the next 12 months. It is also 49.57% off the consensus price target high of $2.30 offered by 1 analysts, but current levels are 49.57% higher than the price target low of $2.30 for the same period.
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Currently trading at $1.16, the stock is 14.17% and 51.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.21 million and changing -10.77% at the moment leaves the stock 83.37% off its SMA200. KIQ registered 46.84% gain for a year compared to 6-month gain of 93.33%. The firm has a 50-day simple moving average (SMA 50) of $0.8809 and a 200-day simple moving average (SMA200) of $0.6376.
The stock witnessed a 26.24% loss in the last 1 month and extending the period to 3 months gives it a 120.03%, and is -2.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 18.19% over the week and 19.23% over the month.
Current P/E ratio is 34.12. Distance from 52-week low is 160.67% and -21.62% from its 52-week high.
Kelso Technologies Inc. (KIQ) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Kelso Technologies Inc. (KIQ) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Kelso Technologies Inc. is expected to release its quarterly report on 05/12/2021..
Kelso Technologies Inc. (KIQ) Top Institutional Holders
10 institutions hold shares in Kelso Technologies Inc. (KIQ), with 2.02M shares held by insiders accounting for 4.27% while institutional investors hold 5.26% of the company’s shares. The shares outstanding are 47.17M, and float is at 45.07M with Short Float at 0.52%. Institutions hold 5.04% of the Float.
The top institutional shareholder in the company is CIBC Private Wealth Group, LLC with over 1.41 million shares valued at $0.77 million. The investor’s holdings represent 2.99% of the KIQ Shares outstanding. As of Dec 30, 2020, the second largest holder is Tocqueville Asset Management L.p. with 0.96 million shares valued at $0.52 million to account for 2.04% of the shares outstanding. The other top investors are Renaissance Technologies, LLC which holds 0.15 million shares representing 0.31% and valued at over $79457.0, while Royal Bank of Canada holds 0.07% of the shares totaling 31857.0 with a market value of $17362.0.
Kelso Technologies Inc. (KIQ): Who are the competitors?
The company’s main competitors (and peers) include Trinity Industries Inc. (TRN) that is 46.99% higher over the past 12 months. FreightCar America Inc. (RAIL) is 144.81% up on the 1-year trading charts. Short interest in the company’s stock has risen 29.46% from the last report on Dec 30, 2020 to stand at a total of 0.17 million short shares sold with a short interest ratio of 0.17.