Truffle Hound Capital LLC Purchases New Holdings in Kolibri Global Energy Inc. (NASDAQ:KGEI)

Truffle Hound Capital LLC purchased a new stake in shares of Kolibri Global Energy Inc. (NASDAQ:KGEI) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 500,000 shares of the company’s stock, valued at approximately $2,660,000. Kolibri Global Energy accounts for approximately 0.9% of Truffle Hound Capital LLC’s portfolio, making the stock its 29th largest holding.

Separately, National Bank of Canada FI acquired a new stake in Kolibri Global Energy during the third quarter valued at approximately $140,000. 27.26% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Roth Mkm lifted their price objective on Kolibri Global Energy from $6.75 to $11.00 and gave the company a “buy” rating in a report on Tuesday, February 18th.

Kolibri Global Energy Stock Down 2.0 %

NASDAQ KGEI opened at $7.24 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.17. The stock’s 50 day moving average is $7.68 and its two-hundred day moving average is $5.27. The company has a market capitalization of $256.86 million, a price-to-earnings ratio of 15.08, a PEG ratio of 0.81 and a beta of 0.10. Kolibri Global Energy Inc. has a 1-year low of $2.85 and a 1-year high of $9.89.

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.