Shares of Kolibri Global Energy Inc. (NASDAQ:KGEI – Get Free Report) rose 1% on Wednesday . The stock traded as high as $3.15 and last traded at $3.14. Approximately 2,831 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 9,139 shares. The stock had previously closed at $3.11.
Wall Street Analysts Forecast Growth
Separately, TheStreet lowered Kolibri Global Energy from a “b-” rating to a “c+” rating in a research note on Monday, November 27th.
View Our Latest Report on Kolibri Global Energy
Kolibri Global Energy Trading Up 1.0 %
Institutional Trading of Kolibri Global Energy
Several institutional investors and hedge funds have recently modified their holdings of KGEI. Stratos Wealth Partners LTD. bought a new stake in shares of Kolibri Global Energy during the fourth quarter valued at approximately $38,000. Russell Investments Group Ltd. purchased a new position in shares of Kolibri Global Energy during the fourth quarter valued at $316,000. UBS Group AG bought a new stake in shares of Kolibri Global Energy in the fourth quarter valued at about $3,367,000. Finally, TFG Asset Management GP Ltd purchased a new stake in Kolibri Global Energy in the fourth quarter worth about $26,926,000.
Kolibri Global Energy Company Profile
Kolibri Global Energy Inc engages in the exploration, development, production, and marketing of oil, gas clean and sustainable energy in the United States. It produces 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.
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