Camber Energy Inc [AMEX: CEI] closed the trading session at $0.16. The company report on February 12, 2024 at 9:00 AM that Camber Energy Announces Major Milestone with Carbon-Capture Technology.
ESG Advises Testing of Industry-Changing Water Removal System Exceeds Expectations.
Camber Energy, Inc. (NYSE American:CEI) (“Camber” or the “Company”), a growth-oriented diversified energy company, shared today the announcement from ESG Clean Energy, LLC (“ESG”) advising the results of recent testing of ESG’s patented water removal system at its active power generation site in Holyoke, MA, were consistent with and
The stocks have a year to date performance of -30.17 percent and weekly performance of -0.87 percent. The stock has been moved at -70.08 percent over the last six months. The stock has performed -6.18 percent around the most recent 30 days and changed -46.22 percent over the most recent 3-months.
If compared to the average trading volume of 2.73M shares, CEI reached to a volume of 4645900 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Camber Energy Inc [CEI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CEI shares is $1.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CEI stock is a recommendation set at 5.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Camber Energy Inc is set at 0.01, with the Price to Sales ratio for CEI stock in the period of the last 12 months amounting to 1.64. The Price to Book ratio for the last quarter was 0.90, with the Price to Cash per share for the same quarter was set at 0.01.
CEI stock trade performance evaluation
Camber Energy Inc [CEI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.87. With this latest performance, CEI shares dropped by -6.18% in over the last four-week period, additionally sinking by -70.08% over the last 6 months – not to mention a drop of -91.42% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CEI stock in for the last two-week period is set at 32.61, with the RSI for the last a single of trading hit 32.04, and the three-weeks RSI is set at 34.07 for Camber Energy Inc [CEI]. The present Moving Average for the last 50 days of trading for this stock 0.1998, while it was recorded at 0.1611 for the last single week of trading, and 0.5257 for the last 200 days.
Camber Energy Inc [CEI]: An insightful look at the core fundamentals
Camber Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.31 and a Current Ratio set at 0.66.
Camber Energy Inc [CEI]: Institutional Ownership
The top three institutional holders of CEI stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in CEI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in CEI stock with ownership which is approximately 5.8325%.
