Kolibri Global Energy (TSE:KEI) Trading Down 1.6% - Time to Sell?

Key Points

• Kolibri Global Energy Inc. shares dropped 1.6% to C$7.87 on Thursday, following a previous close of C$8.00.
• The company has a market capitalization of C$278.42 million, a P/E ratio of 14.57, and a beta of 2.22.
• Kolibri Global Energy focuses on the acquisition, exploration, and production of oil and gas reserves in the United States, Canada, and other regions.

Kolibri Global Energy Inc. (TSE:KEI - )'s stock price was down 1.6% during trading on Thursday . The stock traded as low as C$7.78 and last traded at C$7.87. Approximately 30,276 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 45,715 shares. The stock had previously closed at C$8.00.

Kolibri Global Energy Price Performance

The stock has a market cap of C$278.42 million, a P/E ratio of 14.57 and a beta of 2.22. The company's 50 day simple moving average is C$7.88 and its 200 day simple moving average is C$9.14.

About Kolibri Global Energy

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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