The trading price of Camber Energy, Inc. (NYSE:CEI) floating lower at last check on Tuesday, Feb 23, closing at $1.97, -11.68% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $1.5200 and $1.8800. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 1.62. In examining the 52-week price action we see that the stock hit a 52-week high of $3.1 and a 52-week low of $0.46. Over the past month, the stock has gained 60.16% in value.
On the technical side, indicators suggest CEI has a 75% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned CEI a recommendation rating is 1. Out of them, no one rate it a Hold, while none recommend Buy, whereas none assign an Outperform rating. None analyst(s) have tagged Camber Energy, Inc. (CEI) as Underperform, while 1 advise Sell. Analysts have rated the stock Sell, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 0, which symbolizes a positive outlook. A quick review shows that CEI’s price is currently 3.05% off the SMA20 and 34.85% off the SMA50. The RSI metric on the 14-day chart is currently showing 52.58, and weekly volatility stands at 22.98%. When measured over the past 30 days, the indicator reaches 19.61%. Camber Energy, Inc. (NYSE:CEI)’s beta value is currently sitting at 1.62, while the Average True Range indicator is currently displaying 0.33. With analysts defining $781250-$781250 as the low and high price targets, we arrive at a consensus price target of $781250 for the trailing 12-month period. The current price is about 44899325% off the estimated low and 44899325% off the forecast high, based on this estimate. Investors will be thrilled if CEI’s share price rises to $781250, which is the median consensus price. At that level, CEI’s share price would be +44899325% above current price.
To see how Camber Energy, Inc. stock has been performing today in comparison to its peers in the industry, here are the numbers: CEI stock’s performance was -11.68% at last check in today’s session, and +36.81% in the past year, while Eog Resources (EOG) has been trading +1.94% in recent session and positioned -10.93% lower than it was a year ago. Another comparable company Pioneer Natural Resources Company (PXD) saw its stock trading 2.32% higher in today’s session but was down -1.95% in a year. Furthermore, Cheniere Energy (LNG) showed a decline of -11.68% today while its price kept rising at 36.81% over the past year. Camber Energy, Inc. has a P/E ratio of 0, compared to Eog Resources 0 and Pioneer Natural Resources Company’s 133.46. Also during today’s trading, the S&P 500 Index has soared -0.93%, while the Dow Jones Industrial also saw a negative seesion, down -0.54% today.
An evaluation of the daily trading volume of Camber Energy, Inc. (NYSE:CEI) indicates that the 3-month average is 10.29 Million. However, this figure has increased over the past 10 days to an average of 19.17 Million.
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Currently, records show that 25Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 9.98% of outstanding shares, whereas institutions hold 1.38%. The stats also highlight that short interest as of January 28, 2021, stood at 1.59 Million shares, resulting in a short ratio of 0.13 at that time. From this, we can conclude that short interest is 6.35% of the company’s total outstanding shares. It is noteworthy that short shares in January were down slightly from the previous month’s figure, which was 1.64 Million. However, since the stock’s price has seen +113.37% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.