Look Past The Setbacks And Give Camber Energy Inc (AMEX: CEI) Another Chance

money audit

Camber Energy Inc (AMEX:CEI) currently has a daily average trading volume of 8.22M but it saw 3252724 shares traded in last market. With a market cap of 21.43M USD, the company’s current market price of $0.12 came falling about -1.22 while comparing to the previous closing price of $0.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.07 and as low as $0.10.

Taking a look at 20-day trading activity of Camber Energy Inc (CEI) gives us an average price of $0.1259, while its current price level is -88.61% below from 52-week high level whereas it is 21.90% 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 $0.1370 while that of 200 days or SMA-200 reads an average of $0.2041. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.74% during that period while stretching the period over a month that increases to 6.70%. 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 43.31 which implies that the stock is in neutral territory.

Over the week, CEI’s stock price is moving -4.02% down while it is 7.02% when we observe its performance for the past one month. Year-to-date it is -46.63% down and over the past year, the stock is showing a downside performance of -86.30%.

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 -1.69. Stock has a price to book (P/B) ratio of 1.75 while price to sale or P/S ratio amounts to 0.82. Its return on asset (ROA) is -83.97% on average.