KIQ’s earnings estimates: Are they on track to meet expectations?

In the current trading session, Kelso Technologies Inc.’s (KIQ) stock is trading at the price of $0.12, a fall of -18.36% over last night’s close. So, the stock is trading at a price that is -72.20% less than its 52-week high of $0.44 and 0.25% better than its 52-week low of $0.12. Based on the past 30-day period, the stock price is -31.83% below the high and +6.77% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, KIQ’s SMA-200 is $0.2133.

It is also essential to consider KIQ stock ratios like the price-to-sales ratio, which is 0.66 for the last year.KIQ’s price to book ratio for the most recent quarter was 0.75, resulting in an 3.55 price to cash per share for the period.

How does Kelso Technologies Inc. (KIQ) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.

Kelso Technologies Inc. (KIQ): Earnings History

If we examine Kelso Technologies Inc.’s recent earnings history, in the last quarter ended on 9/29/2016, it posted adjusted earnings per share of -$0.02, beating the consensus of $0.01. In other words, it topped the consensus by -$0.03, resulting in a -300.00% surprise. In the 3 months period before the previous quarter which was closed on 9/29/2016, the stock recorded adjusted earnings per share of -$0.02 in contrast with the Outlook of $0.01. That was a difference of -$0.03 and a surprise of -300.00%.

Kelso Technologies Inc. (AMEX: KIQ) Ownership Details

I will give a breakdown of the key shareholders in Kelso Technologies Inc. (KIQ). Recent figures show that the company’s insiders hold 3.91% of shares. A total of 12 institutional investors hold shares in the company, making 4.56% of its stock and 4.75% of its float.

Jun 29, 2023, it was reported that the Company’s largest institutional holder is Tocqueville Asset Management L.p. holding total of 3.39 million shares that make 6.24% of the company’s total number of shares and are currently priced at 0.85 million.

The securities firm CIBC Private Wealth Group, LLC holds 0.71 million shares of KIQ, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 1.30%, and the holding percentage of shares is valued at 0.18 million.

An overview of Kelso Technologies Inc.’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Kelso Technologies Inc. (KIQ) traded 110,654 shares per day, with a moving average of $0.1470 and price change of -0.0512. With the moving average of $0.1605 and a price change of -0.0198, about 520,592 shares changed hands on average over the past 50 days. Finally, KIQ’s 100-day average volume is 296,812 shares, alongside a moving average of $0.1657 and a price change of -0.0798.

Related Posts