Truffle Hound Capital LLC acquired a new position in shares of Kolibri Global Energy Inc. (NASDAQ:KGEI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 500,000 shares of the company's stock, valued at approximately $2,660,000. Kolibri Global Energy makes up about 0.9% of Truffle Hound Capital LLC's holdings, making the stock its 29th largest position. Truffle Hound Capital LLC owned about 1.41% of Kolibri Global Energy as of its most recent filing with the Securities & Exchange Commission.
Separately, National Bank of Canada FI acquired a new stake in shares of Kolibri Global Energy in the 3rd quarter worth approximately $140,000. Hedge funds and other institutional investors own 27.26% of the company's stock.
Analyst Ratings Changes
Separately, Roth Mkm boosted their target price on Kolibri Global Energy from $6.75 to $11.00 and gave the stock a "buy" rating in a research report on Tuesday, February 18th.
Check Out Our Latest Research Report on Kolibri Global Energy
Kolibri Global Energy Price Performance
KGEI traded up $0.63 during midday trading on Wednesday, reaching $7.87. 223,252 shares of the company's stock were exchanged, compared to its average volume of 51,720. The business's 50-day moving average price is $7.74 and its 200 day moving average price is $5.38. The stock has a market capitalization of $279.36 million, a PE ratio of 16.40, a P/E/G ratio of 0.81 and a beta of 0.10. Kolibri Global Energy Inc. has a 1-year low of $2.85 and a 1-year high of $9.89. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.67 and a quick ratio of 0.67.
Kolibri Global Energy (NASDAQ:KGEI - Get Free Report) last posted its earnings results on Tuesday, March 25th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. Kolibri Global Energy had a return on equity of 9.18% and a net margin of 31.60%. The firm had revenue of $17.37 million for the quarter, compared to analyst estimates of $25.76 million. As a group, equities analysts anticipate that Kolibri Global Energy Inc. will post 0.48 EPS for the current fiscal year.
Kolibri Global Energy Profile
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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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