Recent significant negative changes in fundamentals have impacted Kolibri Global Energy Inc (NASDAQ: KGEIF): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Kolibri Global Energy Inc (NASDAQ: KGEIF) suffers from notable negative changes in investment behavior: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, KGEIF is expected to continue to be a Value Builder.
Kolibri Global Energy has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Kolibri Global Energy has a very high Appreciation Score of 95 but a very low Power Rating of 1, with the Neutral Value Trend Rating the result.
Recent Price Action
On 6/11/24, Kolibri Global Energy Inc (NASDAQ: KGEIF) stock enjoyed a large increase of 2.1%, closing at $3.43. However, unusually low trading volume at 60% of normal accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months and has declined -2.8% during the last week.
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