Kolibri Global Energy Inc. (NASDAQ:KGEI - Get Free Report) shares crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $5.40 and traded as low as $5.23. Kolibri Global Energy shares last traded at $5.24, with a volume of 153,845 shares changing hands.
Analyst Ratings Changes
KGEI has been the topic of several research reports. Weiss Ratings upgraded shares of Kolibri Global Energy from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, October 28th. Wall Street Zen upgraded Kolibri Global Energy from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy".
Check Out Our Latest Stock Report on KGEI
Kolibri Global Energy Price Performance
The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.20. The business has a 50-day moving average price of $6.51 and a two-hundred day moving average price of $5.40. The company has a market capitalization of $188.38 million, a price-to-earnings ratio of 9.89, a price-to-earnings-growth ratio of 0.70 and a beta of -0.64.
Kolibri Global Energy (NASDAQ:KGEI - Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.02. Kolibri Global Energy had a return on equity of 10.93% and a net margin of 26.87%. The company had revenue of $22.54 million for the quarter, compared to analysts' expectations of $20.86 million. As a group, research analysts anticipate that Kolibri Global Energy Inc. will post 0.83 EPS for the current year.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Bank of America Corp DE raised its position in Kolibri Global Energy by 0.7% in the 1st quarter. Bank of America Corp DE now owns 372,733 shares of the company's stock valued at $2,046,000 after buying an additional 2,661 shares during the last quarter. Empowered Funds LLC lifted its stake in Kolibri Global Energy by 8.4% during the 1st quarter. Empowered Funds LLC now owns 61,388 shares of the company's stock valued at $337,000 after acquiring an additional 4,733 shares in the last quarter. Abel Hall LLC boosted its holdings in Kolibri Global Energy by 54.8% during the 3rd quarter. Abel Hall LLC now owns 17,941 shares of the company's stock worth $111,000 after acquiring an additional 6,348 shares during the last quarter. Royal Bank of Canada boosted its holdings in Kolibri Global Energy by 337.8% during the 1st quarter. Royal Bank of Canada now owns 16,031 shares of the company's stock worth $88,000 after acquiring an additional 12,369 shares during the last quarter. Finally, M Holdings Securities Inc. boosted its holdings in Kolibri Global Energy by 27.3% during the 3rd quarter. M Holdings Securities Inc. now owns 75,000 shares of the company's stock worth $488,000 after acquiring an additional 16,073 shares during the last quarter. 27.26% of the stock is owned by institutional investors.
About Kolibri Global Energy
(
Get Free Report)
Kolibri Global Energy Inc is a Canadian-based energy company focused on the exploration, development and production of oil and natural gas. The company's operations are concentrated in the United States, where it seeks to develop conventional and unconventional hydrocarbon resources.
Kolibri's primary asset is the Tishomingo Field in southern Oklahoma, which includes the company's Sonora development. Its activities include drilling and completing wells, operating producing properties, and managing the infrastructure required to gather and market oil and natural gas.
The company was formerly known as BNK Petroleum Inc before adopting the Kolibri Global Energy name.
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