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

Kolibri Global Energy Inc. (TSE:KEI)’s share price traded down 1.9% on Friday . The company traded as low as C$7.01 and last traded at C$7.07. 10,257 shares changed 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 Down 1.9%

The stock has a market capitalization of C$250.80 million, a P/E ratio of 16.44 and a beta of -0.72. The business’s 50 day simple moving average is C$6.97 and its two-hundred day simple moving average is C$6.01.

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

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.