Is Camber Energy Inc. (CEI) A Risky Investment?


Camber Energy Inc. (AMEX:CEI) finished Thursday with a subtraction of -$0.01 to close at $0.21, a downside of -6.95 percent. An average of 20,754,061 shares of common stock have been traded in the last five days. There was a fall of -$0.0820 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 18,645,516 shares traded, while the 50-day average volume stands at 21,898,396.

CEI stock has decreased by -43.05% in the last month. The company shares reached their 1-month lowest point of $0.2010 on 09/22/22. With the stock rallying to its 52-week high on 03/08/22, shares of the company touched a low of $0.22 and a high of $4.85 in 52 weeks. It has reached a new high 5 times so far this year and lost -75.42% or -$0.6411 in price. In spite of this, the price is down -95.69% from the 52-week high.

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Valuation Metrics

Camber Energy Inc. (CEI) stock’s beta is -1.74. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 235.43.

Financial Health

The quick ratio of Camber Energy Inc. for the recent quarter was 0.10, and the current ratio was 0.10, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at -$5.43 million compared to revenue of $0.4 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Camber Energy Inc.’s return on assets was -763.20%.

Earnings Surprise

For the recent quarter, Camber Energy Inc. had $32.31 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $4.6 million in the quarter, while revenues of $68.16 million were shrunk -873.48%. Shareholders own equity worth $491.23 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Camber Energy Inc. (CEI) price momentum. RSI 9-day as of the close on 22 September was 8.76%, suggesting the stock is oversold, with historical volatility in this time frame at 68.58%.

As of today, CEI’s price is $0.2360 -28.19% or -$0.0820 from its 5-day moving average. CEI is currently trading -41.97% lower than its 20-day SMA and -73.70% lower than its 100-day SMA. However, the stock’s current price level is -43.66% below the SMA50 and -81.18% below the SMA200.

The stochastic %K and %D were 3.95% and 2.80%, respectively, and the average true range (ATR) was 0.0194. With the 14-day stochastic at 5.83% and the average true range at 0.0195, the RSI (14) stands at 15.78%. The stock has reached -0.0470 on the 9-day MACD Oscillator while the 14-day reading was at -0.0687.

Analyst Ratings

The consensus rating for Camber Energy Inc. (CEI) among analysts is Sell. According to current brokerage recommendations, 1 brokerage firm advise that investors sell CEI, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.

What is CEI’s price target for the next 12 months?

Analysts predict a range of price targets between $781250.00 and $781250.00, with a median target of $781250.00. Taking a look at these predictions, the average price target given by analysts for Camber Energy Inc. (CEI) stock is $781250.00.


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