Kolibri Global Energy (TSE:KEI) Hits New 52-Week Low – What’s Next?

Kolibri Global Energy Inc. (TSE:KEIGet Free Report) shares reached a new 52-week low on Thursday . The company traded as low as C$5.55 and last traded at C$5.52, with a volume of 14705 shares changing hands. The stock had previously closed at C$5.67.

Kolibri Global Energy Price Performance

The business’s fifty day simple moving average is C$6.86 and its two-hundred day simple moving average is C$7.99. The company has a market cap of C$194.46 million, a PE ratio of 11.22 and a beta of 1.74.

Kolibri Global Energy (TSE:KEIGet Free Report) last posted its earnings results on Wednesday, November 12th. The company reported C$0.10 EPS for the quarter. Kolibri Global Energy had a return on equity of 9.77% and a net margin of 14.83%.The firm had revenue of C$21.16 million for the quarter.

About Kolibri Global Energy

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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.

Further Reading

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