(KLS) Kelso Technologies - Ratings and Ratios

Kelso Technologies Inc. is a Canadian company that specializes in designing, engineering, and distributing proprietary pressure relief valves and other equipment for various industries, including rail, road, military, oil and gas, mining, and marine. With a history dating back to 1987, the company has established itself as a key player in the rail transportation sector, providing critical safety solutions for the transportation of hazardous materials.

The companys product portfolio includes pressure relief valves, vacuum relief valves, bottom outlet valves, and other equipment designed to ensure safe and efficient transportation of liquids and gases. Kelso Technologies Inc. has a strong presence in North America, with a customer base that includes major rail and road transport companies, as well as industrial manufacturers and operators in the oil and gas, mining, and other heavy equipment industries.

Analyzing the companys , we observe a relatively stable price trend, with the last price at $0.16, closely aligned with its 20-day and 50-day simple moving averages. However, the 200-day SMA at $0.17 indicates a slightly higher long-term average price. The Average True Range (ATR) of 0.01, representing 5.63% of the last price, suggests relatively low volatility. The stocks 52-week high and low prices are $0.25 and $0.11, respectively, indicating a significant price range.

From a fundamental perspective, Kelso Technologies Inc. has a market capitalization of $8.27M CAD, with no reported P/E ratio, indicating that the company is either loss-making or has a very low earnings yield. The Return on Equity (RoE) of -59.86% suggests significant losses, which could be a concern for investors. However, its essential to consider the companys growth prospects, product pipeline, and industry trends to assess its potential for future profitability.

Forecasting Kelso Technologies Inc.s future performance, we can expect the stock price to be influenced by its ability to expand its product offerings, penetrate new markets, and improve its financial performance. Based on the and , a potential price target could be around $0.20-$0.22, representing a 25-37.5% increase from the current price, driven by improved earnings and growth prospects. However, this forecast is contingent on the companys ability to address its current losses and achieve profitability.