Checking the Overall Picture for Camber Energy, Inc. (CEI)

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 $0.29, up from yesterday’s close by 4.11%. 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 $1.17 Million. That value represents a market adjusting for revenues that have been growing by 12.82 % 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 -$6.88 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

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Camber Energy, Inc. recorded a 52-week high of $11.25. It is now trading 10.96% off that level. The stock is trading $0.47 its 50-day moving average by 0.18%. The stock carved out a 52-week low down at $0.26.

In recent action, Camber Energy, Inc. (CEI) has made a move of -23.68% 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 14.11, and it’s gotten there by action that has been more 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 12.86% with $3.30 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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