How Does Camber Energy, Inc. (CEI) Stack Up Right Now?

Camber Energy, Inc. (CEI) is an interesting player in the Basic Materials space, with a focus on Oil & Gas Drilling & Exploration. The stock has been active on the tape, currently trading at $0.12, down from yesterday’s close by -1.13%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Camber Energy, Inc. (CEI) currently trades with a market capitalization of $8.03 Million. That value represents a market adjusting for revenues that have been growing by 65.68 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$7.62 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0 on a per share basis this quarter. Perhaps, that suggests something about why 7.90% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Camber Energy, Inc. recorded a 52-week high of $1.09. It is now trading 0.97% off that level. The stock is trading $0.13 its 50-day moving average by 0.01%. The stock carved out a 52-week low down at $0.10.

In recent action, Camber Energy, Inc. (CEI) has made a move of -7.69% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 12.51, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 9.49% with $52.82 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CEI.

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