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Kolibri Global Energy (NASDAQ:KGEI) Trading 2.2% Higher - What's Next?

Kolibri Global Energy logo with Oils/Energy background

Shares of Kolibri Global Energy Inc. (NASDAQ:KGEI - Get Free Report) shot up 2.2% during trading on Tuesday . The stock traded as high as $3.70 and last traded at $3.70. 63,673 shares were traded during mid-day trading, an increase of 229% from the average session volume of 19,326 shares. The stock had previously closed at $3.62.

Kolibri Global Energy Stock Performance

The company's fifty day moving average price is $3.32 and its 200 day moving average price is $3.32. The company has a market cap of $139.36 million and a PE ratio of 7.71. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.67 and a quick ratio of 0.67.

Institutional Trading of Kolibri Global Energy

A hedge fund recently bought a new stake in Kolibri Global Energy stock. National Bank of Canada FI acquired a new position in shares of Kolibri Global Energy Inc. (NASDAQ:KGEI - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 43,808 shares of the company's stock, valued at approximately $140,000. National Bank of Canada FI owned about 0.12% of Kolibri Global Energy as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 27.26% of the company's stock.

About Kolibri Global Energy

(Get Free Report)

Kolibri Global Energy Inc engages in the finding and exploiting oil, gas, and clean and sustainable energy in the United States. It sells crude oil, natural gas, and natural gas liquids. The company was formerly known as BNK Petroleum Inc and changed its name to Kolibri Global Energy Inc in November 2020.

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