In yesterday’s Wall Street session, Camber Energy Inc. (AMEX:CEI) shares traded at $0.99, down -19.20% from the previous session.
As of this writing, 1 analysts cover Camber Energy Inc. (AMEX:CEI). The consensus rating among analysts is ‘Sell’. As we calculate the median target price by taking the range between a high of $39062500.00 and a low of $39062500.00, we find $39062500.00. Given the previous closing price of $1.22, this indicates a potential upside of 3201844162.3 percent. CEI stock price is now 5.43% away from the 50-day moving average and -65.90% away from the 200-day moving average. The market capitalization of the company currently stands at $15.67M.
Brokers who have rated the stock have averaged $39062500.00 as their price target over the next twelve months.
A total of 11.07% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CEI stock. A new stake in Camber Energy Inc. shares was purchased by CIBC ASSET MANAGEMENT INC during the first quarter worth $31,000. MILLENNIUM MANAGEMENT LLC invested $21,000 in shares of CEI during the first quarter. In total, there are 37 active investors with 4.50% ownership of the company’s stock.
During the past 12 months, Camber Energy Inc. has had a low of $0.60 and a high of $21.25. The fifty day moving average price for CEI is $0.9294 and a two-hundred day moving average price translates $2.8526 for the stock.
The latest earnings results from Camber Energy Inc. (AMEX: CEI) was released for Mar, 2023. The company reported revenue of $94000.0 for the quarter, compared to $0.14 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -30.88 percent.
Camber Energy Inc.(CEI) Company Profile
Camber Energy, Inc. operates as a diversified energy company. The company owns minority and non-operated working interests in oil and gas wells in Texas. It also provides custom energy and power solutions to commercial and industrial clients in North America. The company was formerly known as Lucas Energy Inc. and changed its name to Camber Energy, Inc. in January 2017. Camber Energy, Inc. was incorporated in 2003 and is headquartered in Houston, Texas.
