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Kolibri Global Energy (TSE:KEI) Shares Down 0.6% - Here's Why

Kolibri Global Energy logo with Energy background

Kolibri Global Energy Inc. (TSE:KEI - Get Free Report)'s share price fell 0.6% during mid-day trading on Friday . The company traded as low as C$8.00 and last traded at C$8.13. 23,612 shares were traded during trading, a decline of 60% from the average session volume of 58,997 shares. The stock had previously closed at C$8.18.

Kolibri Global Energy Stock Down 4.4%

The firm has a market cap of C$233.71 million, a price-to-earnings ratio of 13.69 and a beta of 2.32. The company has a 50-day moving average price of C$10.05 and a 200 day moving average price of C$8.92.

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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