Camber Energy Inc (AMEX: CEI) – Time For Strategy Change?

Camber Energy Inc (AMEX:CEI) currently has a daily average trading volume of 7.68M but it saw 8291141 shares traded in last market. With a market cap of 28.16M USD, the company’s current market price of $0.16 came falling about -1.72 while comparing to the previous closing price of $0.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.27 and as low as $0.15.

Taking a look at 20-day trading activity of Camber Energy Inc (CEI) gives us an average price of $0.1688, while its current price level is -87.39% below from 52-week high level whereas it is 6.80% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1796 while that of 200 days or SMA-200 reads an average of $0.2444. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.42% during that period while stretching the period over a month that increases to 6.24%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.20 which implies that the stock is in neutral territory.

Over the week, CEI’s stock price is moving -5.04% down while it is -6.86% when we observe its performance for the past one month. Year-to-date it is -29.86% down and over the past year, the stock is showing a downside performance of -84.89%.

Currently, Camber Energy Inc’s total number of outstanding shares is 175.80M. Company’s return on investment (ROI) stands at -99.26%. Stock’s beta reads -1.66. Stock has a price to book (P/B) ratio of 2.30 while price to sale or P/S ratio amounts to 1.08. Its return on asset (ROA) is -83.97% on average.