Kolibri Global Energy (TSE:KEI) Shares Up 2.5% – What’s Next?

Kolibri Global Energy Inc. (TSE:KEI)’s share price rose 2.5% during mid-day trading on Thursday . The company traded as high as C$7.67 and last traded at C$7.66. Approximately 18,123 shares were traded during trading, a decline of 35% from the average daily volume of 27,781 shares. The stock had previously closed at C$7.47.

Kolibri Global Energy Stock Up 2.5%

The stock has a market cap of C$272.93 million, a price-to-earnings ratio of 20.16 and a beta of -0.95. The business’s 50 day simple moving average is C$7.34 and its 200 day simple moving average is C$6.64.

Kolibri Global Energy (TSE:KEI) last released its quarterly earnings data on Thursday, May 14th. The company reported C$0.15 earnings per share for the quarter. The company had revenue of C$27.21 million for the quarter. Kolibri Global Energy had a net margin of 21.71% and a return on equity of 6.79%.

About Kolibri Global Energy

Kolibri Global Energy Inc is a North American energy company focused on finding and exploiting energy projects in oil and gas. Through various subsidiaries, the Company owns and operates energy properties in the United States. The Company continues to utilize its technical and operational expertise to identify and acquire additional projects in oil and gas.