Kolibri Global Energy (NASDAQ:KGEI) Posts Earnings Results, Beats Estimates By $0.02 EPS

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

Kolibri Global Energy Stock Down 0.7 %

KGEI stock traded down $0.05 during midday trading on Tuesday, hitting $7.24. The stock had a trading volume of 81,751 shares, compared to its average volume of 50,615. The business has a 50-day moving average of $7.70 and a two-hundred day moving average of $5.33. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market cap of $257.00 million, a price-to-earnings ratio of 15.08, a price-to-earnings-growth ratio of 0.81 and a beta of 0.10. Kolibri Global Energy has a 52-week low of $2.85 and a 52-week high of $9.89.

Analyst Ratings Changes

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 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.