Kolibri Global Energy (TSE:KEI) Trading 1.1% Higher – Here’s Why

Shares of Kolibri Global Energy Inc. (TSE:KEIGet Free Report) traded up 1.1% on Thursday . The stock traded as high as C$5.61 and last traded at C$5.40. 44,416 shares were traded during trading, an increase of 81% from the average session volume of 24,512 shares. The stock had previously closed at C$5.34.

Kolibri Global Energy Trading Up 1.1%

The firm has a market cap of C$190.93 million, a PE ratio of 11.02 and a beta of 0.37. The company has a 50-day simple moving average of C$5.24 and a 200 day simple moving average of C$6.32.

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.

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