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Kolibri Global Energy (TSE:KEI) Trading Down 3% - Here's What Happened

Kolibri Global Energy logo with Energy background

Kolibri Global Energy Inc. (TSE:KEI - Get Free Report) shares fell 3% during trading on Monday . The company traded as low as C$4.37 and last traded at C$4.50. 7,566 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 11,005 shares. The stock had previously closed at C$4.64.

Kolibri Global Energy Trading Up 6.7 %

The business has a 50-day moving average price of C$4.45 and a 200 day moving average price of C$4.50. The company has a market cap of C$171.55 million, a price-to-earnings ratio of 8.89 and a beta of 2.32.

Kolibri Global Energy (TSE:KEI - Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The company reported C$0.15 EPS for the quarter, meeting analysts' consensus estimates of C$0.15. Kolibri Global Energy had a return on equity of 8.51% and a net margin of 26.70%. The business had revenue of C$19.04 million for the quarter, compared to analyst estimates of C$19.79 million.

Kolibri Global Energy Company Profile

(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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