Kolibri Global Energy (TSE:KEI) Trading 0.7% Higher - What's Next?

Key Points

• Kolibri Global Energy Inc. saw its shares increase by 0.7% during trading, reaching a last price of C$7.61.
• The company's market capitalization is C$190.02 million, with a PE ratio of 11.13 and a beta of 2.32.
• Insider Gary Johnson sold 7,300 shares at an average price of C$9.51, totaling a transaction value of C$69,423.00.

Shares of Kolibri Global Energy Inc. (TSE:KEI - Get Free Report) traded up 0.7% during trading on Wednesday . The stock traded as high as C$7.64 and last traded at C$7.61. 14,384 shares changed hands during trading, a decline of 70% from the average session volume of 47,640 shares. The stock had previously closed at C$7.56.

Kolibri Global Energy Stock Performance

The company's 50-day moving average is C$8.30 and its 200-day moving average is C$9.51. The firm has a market cap of C$273.10 million, a price-to-earnings ratio of 14.28 and a beta of 2.29.

Insider Buying and Selling at Kolibri Global Energy

In other Kolibri Global Energy news, Senior Officer Gary Johnson sold 7,300 shares of the business's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of C$9.51, for a total value of C$69,423.00. Corporate insiders own 1.11% of the company's stock.

Kolibri Global Energy Company Profile

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.