Camber Energy Inc (AMEX:CEI) shares, rose in value, with the stock price up by 4.27% to the previous day’s close as strong demand from buyers drove the stock to $0.18.
Actively observing the price movement in the last trading, the stock closed the session at $0.17. Referring to stock’s 52-week performance, its high was $1.42, and the low was $0.15. On the whole, CEI has fluctuated by -6.44% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CEI’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of CEI currently trading nearly -9.69% and -11.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.39, while the 7-day volatility ratio is showing 12.02% which for the 30-day chart, stands at 12.99%. Furthermore, Camber Energy Inc (CEI)’s beta value is -1.56, and its average true range (ATR) is 0.02.
A comparison of Camber Energy Inc (CEI) with its peers suggests the former has fared considerably weaker in the market. CEI showed an intraday change of 4.27% in last session, and over the past year, it shrunk by -87.08%%.
Data on historical trading for Camber Energy Inc (AMEX:CEI) indicates that the trading volumes over the past 3 months, they’ve averaged 5.37 million. According to company’s latest data on outstanding shares, there are 148.94 million shares outstanding.
Nearly 2.76% of Camber Energy Inc’s shares belong to company insiders and institutional investors own 2.84% of the company’s shares. The stock has fallen by -23.07% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CEI stock heading into the next quarter.
