Kolibri Global Energy (TSE:KEI) Trading Down 5.6% - Should You Sell?

Key Points

• Kolibri Global Energy Inc. saw its stock price decrease by 5.6%, trading at C$7.25, with a significant decline in trading volume.
• The company, which specializes in the acquisition, exploration, and production of oil and gas reserves, has a market cap of C$256.48 million and a P/E ratio of 13.43.
• Kolibri Global Energy primarily generates its revenue from operations in the United States, with additional segments in Canada and Other regions.

Kolibri Global Energy Inc. (TSE:KEI - )'s stock price traded down 5.6% during mid-day trading on Friday . The company traded as low as C$7.25 and last traded at C$7.25. 32,578 shares were traded during mid-day trading, a decline of 26% from the average session volume of 44,236 shares. The stock had previously closed at C$7.68.

Kolibri Global Energy Stock Down 5.6%

The firm has a market cap of C$256.48 million, a price-to-earnings ratio of 13.43 and a beta of 2.08. The stock has a fifty day moving average price of C$7.73 and a 200-day moving average price of C$8.79.

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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