Camber Energy Inc (AMEX:CEI) price closed lower on Monday, April 15, dropping -8.03% below its previous close.
A look at the daily price movement shows that the last close reads $0.22. Taking into account the 52-week price action we note that the stock hit a 52-week high of $1.75 and 52-week low of $0.15. The stock subtracted -2.43% on its value in the past month.
Camber Energy Inc, which has a market valuation of $30.52 million, is expected to release its quarterly earnings report Mar 25, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give CEI a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that CEI’s price is at present 2.05% off the SMA20 and 4.55% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 50.58, with weekly volatility standing at 18.37%. The indicator jumps to 11.84% when calculated based on the past 30 days. Camber Energy Inc (AMEX:CEI)’s beta value is holding at -1.63, while the average true range (ATR) indicator is currently reading 0.02.
An analysis of the Camber Energy Inc (AMEX:CEI) stock in terms of its daily trading volume indicates that the 3-month average is 4.46 million.
Current records show that the company has 148.94M in outstanding shares. The insiders’ percentage holdings are 2.76% of outstanding shares while the percentage share held by institutions stands at 2.84%. But the -10.29% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
