Is Keek Inc a Buy? The Stock Reaches 52-Week High Today

 Is Keek Inc a Buy? The Stock Reaches 52 Week High Today

The stock of Keek Inc (CVE:KEK) hit a new 52-week high and has $3.42 target or 141.00% above today’s $1.42 share price. The 9 months bullish chart indicates low risk for the $95.87M company. The 1-year high was reported on Nov, 14 by Barchart.com. If the $3.42 price target is reached, the company will be worth $135.18 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 4.11 million shares traded hands or 226.19% up from the average. Keek Inc (CVE:KEK) has risen 6.00% since October 15, 2016 and is uptrending. It has outperformed by 1.02% the S&P500.

More notable recent Keek Inc (CVE:KEK) news were published by: Marketwired.com which released: “Primary Petroleum Provides Further Details on Propoposed Transaction With Keek …” on January 21, 2014, also Business.Financialpost.com with their article: “Company with cash, meet company without cash: Steve Palmer’s role in Primary’s …” published on November 21, 2013, Marketwired.com published: “Keek Announces Proposed Restructuring of Secured Debt” on October 14, 2015. More interesting news about Keek Inc (CVE:KEK) were released by: Marketwired.com and their article: “Keek Announces Share Consolidation” published on January 14, 2015 as well as Marketwired.com‘s news article titled: “Keek Announces Update on Financing” with publication date: April 20, 2015.

Keek Inc. , formerly Primary Petroleum Corporation, is engaged in the development of an online social video platform for both Web and mobile. The company has a market cap of $95.87 million. The Company’s application allows users to upload and share personal videos of themselves. It currently has negative earnings. The Company’s interactive video content network contains videos with approximately 36 seconds of video and over 111 characters of accompanying text that can be enabled through the Web, iPhone Operating System, Android and Windows 8 mobile platforms.

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