Kolibri Global Energy (NASDAQ:KGEI - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Saturday.
Kolibri Global Energy Stock Performance
NASDAQ:KGEI traded down $0.24 during mid-day trading on Friday, hitting $5.74. 133,007 shares of the stock were exchanged, compared to its average volume of 103,514. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.70 and a current ratio of 0.70. Kolibri Global Energy has a fifty-two week low of $2.85 and a fifty-two week high of $9.89. The stock has a market capitalization of $203.83 million, a price-to-earnings ratio of 10.07, a price-to-earnings-growth ratio of 0.73 and a beta of 0.06. The firm's 50-day simple moving average is $6.71 and its 200 day simple moving average is $7.09.
Kolibri Global Energy (NASDAQ:KGEI - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.14 by $0.02. The firm had revenue of $16.37 million for the quarter, compared to the consensus estimate of $25.32 million. Kolibri Global Energy had a return on equity of 10.44% and a net margin of 33.85%. As a group, equities analysts anticipate that Kolibri Global Energy will post 0.48 EPS for the current fiscal year.
Hedge Funds Weigh In On Kolibri Global Energy
A number of hedge funds have recently added to or reduced their stakes in KGEI. Farther Finance Advisors LLC bought a new stake in shares of Kolibri Global Energy during the 2nd quarter valued at $28,000. Acadian Asset Management LLC bought a new stake in shares of Kolibri Global Energy during the 1st quarter valued at $174,000. Empowered Funds LLC bought a new stake in shares of Kolibri Global Energy during the 1st quarter valued at $210,000. OMERS ADMINISTRATION Corp bought a new stake in shares of Kolibri Global Energy during the 1st quarter valued at $364,000. Finally, Millennium Management LLC grew its position in shares of Kolibri Global Energy by 47.0% during the 4th quarter. Millennium Management LLC now owns 62,992 shares of the company's stock valued at $335,000 after acquiring an additional 20,135 shares during the period. 27.26% of the stock is currently owned by hedge funds and other institutional investors.
About Kolibri Global Energy
(
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Kolibri Global Energy Inc engages in the finding and exploiting oil, gas, and clean and sustainable energy in the United States. It sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc and changed its name to Kolibri Global Energy Inc in November 2020.
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