Why should you buy stock in Camber Energy Inc. (CEI)?

Camber Energy Inc. (AMEX: CEI) is -63.61% lower on its value in year-to-date trading and has touched a low of $0.50 and a high of $13.60 in the current 52-week trading range. The CEI stock was last observed hovering at around $0.60 in the last trading session, with the day’s gains setting it 0.1% off its average median price target of $781250.00 for the next 12 months. It is also 100.0% off the consensus price target high of $781250.00 offered by 1 analysts, but current levels are 100.0% higher than the price target low of $781250.00 for the same period.

Currently trading at $0.70, the stock is -11.13% and -30.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.64 million and changing 16.18% at the moment leaves the stock -49.74% off its SMA200. CEI registered -93.69% loss for a year compared to 6-month loss of -34.43%. The firm has a 50-day simple moving average (SMA 50) of $4.75% and a 200-day simple moving average (SMA200) of $251.69k.

The stock witnessed a -24.36% gain in the last 1 month and extending the period to 3 months gives it a -46.12%, and is 2.24% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.40% over the week and 9.02% over the month.

Distance from 52-week low is 39.02% and -94.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-193.40%).

Camber Energy Inc. (CEI) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Camber Energy Inc. (CEI) is a “Sell”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.

Camber Energy Inc. is expected to release its quarterly report on 08/26/2020 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -102.10% this year.

Camber Energy Inc. (CEI) Top Institutional Holders

10 institutions hold shares in Camber Energy Inc. (CEI), with 1.97M shares held by insiders accounting for 9.99% while institutional investors hold 0.43% of the company’s shares. The shares outstanding are 19.68M, and float is at 19.68M with Short Float at 2.51%. Institutions hold 0.38% of the Float.

Camber Energy Inc. (CEI) Insider Activity

A total of 0 insider transactions have happened at Camber Energy Inc. (CEI) in the last six months, with sales accounting for 0 and purchases happening 0 times.