Kolibri Global Energy (NASDAQ:KGEI) Announces Earnings Results

Kolibri Global Energy (NASDAQ:KGEI) posted its quarterly earnings data on Tuesday. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02, Zacks reports. Kolibri Global Energy had a return on equity of 9.18% and a net margin of 31.60%.

Kolibri Global Energy Price Performance

Shares of KGEI traded down $0.05 during mid-day trading on Tuesday, reaching $7.24. The company had a trading volume of 81,751 shares, compared to its average volume of 50,750. The company’s 50 day simple moving average is $7.70 and its 200 day simple moving average is $5.33. The company has a market capitalization of $257.00 million, a price-to-earnings ratio of 15.08, a P/E/G ratio of 0.81 and a beta of 0.10. Kolibri Global Energy 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 quick ratio of 0.67 and a current ratio of 0.67.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm increased their price target on shares of Kolibri Global Energy from $6.75 to $11.00 and gave the stock a “buy” rating in a research report on Tuesday, February 18th.

Kolibri Global Energy Company Profile

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.