Kolibri Global Energy (TSE:KEI) Shares Down 4% – What’s Next?

Kolibri Global Energy Inc. (TSE:KEI) shares were down 4% during mid-day trading on Tuesday . The company traded as low as C$7.19 and last traded at C$7.35. Approximately 31,492 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 30,398 shares. The stock had previously closed at C$7.66.

Kolibri Global Energy Price Performance

The stock has a fifty day moving average price of C$7.50 and a 200-day moving average price of C$6.29. The company has a market cap of C$261.89 million, a PE ratio of 19.34 and a beta of -0.88.

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

About Kolibri Global Energy

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.