Alert: Negative Investment/Fundamental Signals (12/8/23)-Kolibri Global Energy Inc (NASDAQ: KGEIF)


Extremely significant negative changes in Kolibri Global Energy Inc (NASDAQ: KGEIF) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its longer term price trend turned down, and negative upside/downside volume developed.

Kolibri Global Energy Inc (NASDAQ: KGEIF). Marginal negative changes in fundamentals have recently occurred: significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

KGEIF’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Kolibri Global Energy has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kolibri Global Energy has a good Power Rating of 81 and a very high Appreciation Score of 97, resulting in the Highest Value Trend Rating.

Recent Price Action

Kolibri Global Energy Inc (NASDAQ: KGEIF) stock closed at $3.82 on 12/8/23 after a slight decline of -0.8%. However, trading volume in this decline was below average at 74% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -11.2% during the last week.

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