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.
Recent notable negative changes in investment behavior have affected Kolibri Global Energy Inc (NASDAQ: KGEIF): its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of B. 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 B (Positive). 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 96 but a poor Power Rating of 18, resulting in the Positive Value Trend Rating.
Recent Price Action
Kolibri Global Energy Inc (NASDAQ: KGEIF) stock closed at $3.16 on 8/6/24 after a large increase of 4.9%. Moreover, this advance was accompanied by unusually high trading volume at 180% of normal. The stock has been weak relative to the market over the last nine months and has declined -6.8% during the last week.
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