Camber Energy Inc. (AMEX:CEI) saw a downside of -9.50% to close Tuesday at $0.47 after subtracting -$0.05 on the day. The 5-day average trading volume is 4,239,980 shares of the company’s common stock. It has gained $0.5511 in the past week and touched a new high 2 times within the past 5 days. An average of 4,951,835 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,918,818.
CEI’s 1-month performance is -52.09% or -$0.7477 on its low of $0.4600 reached on 08/16/23. The company’s shares have touched a 52-week low of $0.46 and high of $19.30, with the stock’s rally to the 52-week high happening on 01/23/23. YTD, CEI has lost -76.62% or -$1.5477 and has reached a new high 3 times. However, the current price is down -97.55% from the 52-week high price.
Valuation Metrics
CEI stock has a beta of -1.20. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 64.73.
. In terms of profitability, the gross margin trailing 12 months is 69.90%. The trailing 12-month EBITDA margin is -731.42%. The firm’s gross profit as reported stood at -$4.38 million against revenue of $0.6 million.
Earnings Surprise
Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -139.58% to $1.92 million, while revenue of -$2.35 million was 222.4% off the previous quarter. EBITDA for the quarter stood at more than -$1.27 million. CEI stock balance sheet for the recent quarter shows that total liabilities totaled 46.66 million, with total debt at $14.82 million. Shareholders hold equity totaling $88.45 million.
Let’s look briefly at Camber Energy Inc. (CEI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 31.03% to suggest the stock is trending Neutral, with historical volatility in this time period at 109.40%.
The stock’s 5-day moving average is $0.4990, reflecting a -11.39% or -$0.0607 change from its current price. CEI is currently trading -50.43% above its 20-day SMA, -68.09% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -53.24% and SMA200 by-92.92%.
Stochastic %K and %D was 8.07% and 7.86% and the average true range (ATR) pointed at 0.0781. The RSI (14) points at 35.56%, while the 14-day stochastic is at 2.75% with the period’s ATR at 0.0848. The stock’s 9-day MACD Oscillator is pointing at -0.0372 and -0.1027 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for CEI stock have a consensus rating for the stock as Sell. Currently, 1 brokerage advisors rate CEI as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is CEI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $39062500.00 and a high of $39062500.00, with their median price target at $39062500.00. Looking at these predictions, the average price target given by analysts is for Camber Energy Inc. (CEI) stock is $39062500.00.
