Camber Energy Inc. (CEI) can make a big difference with a little luck

Camber Energy Inc. (AMEX: CEI) stock jumped 27.22% on Monday to $2.29 against a previous-day closing price of $1.80. With 17.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.92 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $2.4800 whereas the lowest price it dropped to was $1.8400. The 52-week range on CEI shows that it touched its highest point at $99.00 and its lowest point at $1.67 during that stretch. Beta for the stock currently stands at -1.23.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CEI was up-trending over the past week, with a rise of 20.53%, but this was down by -45.48% over a month. Three-month performance dropped to -70.62% while six-month performance fell -88.63%. The stock lost -92.49% in the past year, while it has gained 13.37% so far this year.

Float and Shares Shorts:

At present, 17.75 million CEI shares are outstanding with a float of 16.62 million shares on hand for trading. On Oct 13, 2022, short shares totaled 47.7 million, which was 9.36% higher than short shares on Sep 14, 2022. In addition to Mr. James A. Doris as the firm’s Chairman of Directors & CEO, Mr. Frank W. Barker Jr., CPA serves as its CFO & Treasurer.


Institutional Ownership:

Through their ownership of 6.22% of CEI’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 2.95% of CEI, in contrast to 1.57% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in CEI with 2.11% of the stake, The Vanguard Group, Inc. holds 303,156 shares worth 303,156. A second-largest stockholder of CEI, BlackRock Fund Advisors, holds 131,146 shares, controlling over 0.91% of the firm’s shares. Geode Capital Management LLC is the third largest shareholder in CEI, holding 72,885 shares or 0.51% stake. With a 1.58% stake in CEI, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 226,702 shares are owned by the mutual fund manager. The Vanguard Extended Market Index Fu, which owns about 0.76% of CEI stock, is the second-largest Mutual Fund holder. It holds 108,772 shares valued at 0.22 million. Fidelity Extended Market Index Fu holds 0.31% of the stake in CEI, owning 45,159 shares worth 91221.0.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CEI since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CEI analysts setting a high price target of $39,062,500.00 and a low target of $39,062,500.00, the average target price over the next 12 months is $39,062,500.00. Based on these targets, CEI could surge 1705785926.2% to reach the target high and rise by 1705785926.2% to reach the target low. Reaching the average price target will result in a growth of 1705785926.2% from current levels.


EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. CEI will report FY 2016 earnings on 05/31/2023. Analysts have provided yearly estimates in a range of -$112109376.00 being high and -$112109376.00 being low. For CEI, this leads to a yearly average estimate of -$112109376.00. Based on analyst estimates, the high estimate for the next quarter is -$33593752.00 and the low estimate is -$33593752.00. The average estimate for the next quarter is thus -$33593752.00.

Summary of Insider Activity:

Insiders traded CEI stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.

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