Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Kolibri Global Energy Inc (NASDAQ: KGEIF) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Kolibri Global Energy Inc (NASDAQ: KGEIF) stock closed at $3.10 on 8/9/24 after a modest decline of -1.1%. However, this decline was accompanied by exceptionally low trading volume at 19% of normal. The stock has risen 0.7% during the last week but has been weak relative to the market over the last nine months.
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 (High 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 poor Power Rating of 21, producing the High Neutral Value Trend Rating.
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