Future Outlook And Stock Price Performance For Camber Energy Inc (AMEX: CEI)

In the last trading session, 3.65 million shares of the Camber Energy Inc (AMEX:CEI) were traded, and its beta was -1.62. Most recently the company’s share price was $0.20, and it changed around $0.0 or -0.55% from the last close, which brings the market valuation of the company to $29.85M. CEI currently trades at a discount to its 52-week high of $1.89, offering almost -845.0% off that amount. The share price’s 52-week low was $0.15, which indicates that the current value has risen by an impressive 25.0% since then. We note from Camber Energy Inc’s average daily trading volume that its 10-day average is 3.13 million shares, with the 3-month average coming to 3.32 million.

Camber Energy Inc (AMEX:CEI) trade information

Instantly CEI has showed a red trend with a performance of -0.55% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -12.26% year-to-date, but still up 11.33% over the last five days. On the other hand, Camber Energy Inc (AMEX:CEI) is -11.72% down in the 30-day period. We can see from the shorts that 7.12 million shares have been sold at a short interest cover period of 1.64 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 96.93%.

CEI Dividends

Camber Energy Inc’s next quarterly earnings report is expected to be released in May.

Camber Energy Inc (AMEX:CEI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 2.74% of Camber Energy Inc shares, and 2.84% of them are in the hands of institutional investors. The stock currently has a share float of 2.92%. Camber Energy Inc stock is held by 39 institutions, with Vanguard Group Inc being the largest institutional investor. By Mar 30, 2023, it held 2.09% of the shares, which is about 0.5 million shares worth $0.8 million.

Virtu Financial LLC, with 0.79% or 0.19 million shares worth $0.12 million as of Jun 29, 2023, holds the second largest percentage of outstanding shares.

Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 30, 2022. The former held 0.23 million shares worth $0.46 million, making up 1.13% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 0.11 million shares worth around $0.22 million, which represents about 0.54% of the total shares outstanding.