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Kolibri Global Energy (TSE:KEI) Shares Down 1.9% - What's Next?

Kolibri Global Energy logo with Energy background
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Key Points

  • Kolibri Global Energy shares fell 1.9% on Friday, trading between C$7.01 and C$7.07 on lighter-than-usual volume.
  • The company’s stock remains above both its 50-day moving average (C$6.97) and 200-day moving average (C$6.01), with a market cap of about C$250.8 million.
  • In its latest quarterly results, Kolibri reported EPS of C$0.12 on revenue of C$20.23 million, with a net margin of 23.9% and return on equity of 7.78%.
  • Interested in Kolibri Global Energy? Here are five stocks we like better.

Kolibri Global Energy Inc. (TSE:KEI - Get Free Report)'s stock price fell 1.9% during trading on Friday . The company traded as low as C$7.01 and last traded at C$7.07. 10,257 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 30,207 shares. The stock had previously closed at C$7.21.

Kolibri Global Energy Stock Performance

The stock's 50 day moving average price is C$6.97 and its 200 day moving average price is C$6.01. The company has a market capitalization of C$250.80 million, a P/E ratio of 16.44 and a beta of -0.72.

Kolibri Global Energy (TSE:KEI - Get Free Report) last posted its quarterly earnings data on Thursday, March 19th. The company reported C$0.12 EPS for the quarter. Kolibri Global Energy had a net margin of 23.90% and a return on equity of 7.78%. The company had revenue of C$20.23 million for the quarter.

Kolibri Global Energy Company Profile

(Get Free Report)

Kolibri Global Energy Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada, and Other. The company derives a majority of its revenue from the United States.

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