Kolibri Global Energy (NASDAQ:KGEI) Issues Earnings Results

Kolibri Global Energy (NASDAQ:KGEI) released its quarterly earnings data on Tuesday. The company reported $0.16 earnings per share for the quarter, beating 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 Trading Down 0.7 %

Shares of Kolibri Global Energy stock opened at $7.24 on Wednesday. The stock has a market capitalization of $257.00 million, a P/E ratio of 15.08, a price-to-earnings-growth ratio of 0.81 and a beta of 0.10. Kolibri Global Energy has a 12-month low of $2.85 and a 12-month high of $9.89. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.17. The company has a 50-day simple moving average of $7.72 and a 200 day simple moving average of $5.36.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm boosted their price target on Kolibri Global Energy from $6.75 to $11.00 and gave the company a “buy” rating in a research note 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.