The stock of Camber Energy Inc (AMEX: CEI) has decreased by -8.17 when compared to last closing price of 0.12. Despite this, the company has experienced a -11.21% fall in its stock price over the last five trading sessions. accesswire.com reported 2024-07-29 that Results Indicate CEI’s “Ozone” Waste Treatment System Meets World’s Strictest Testing Standards (NFX 30-503) HOUSTON, TX / ACCESSWIRE / July 29, 2024 / Camber Energy, Inc. (NYSE American:CEI) (“Camber” or the “Company”) is pleased to announce that results from specialized testing of the Company’s patented medical waste treatment unit using ozone, specifically its VKIN-300 model, demonstrate the unit will comply with French Standard NFX 30-503-2, which is regarded as one of the world’s strictest standards for waste decontamination equipment. The results, received in mid-July, 2024, were in connection with tests performed on the VKIN-300 model in April of this year at the Company’s facility in Edmonton, Alberta.
Is It Worth Investing in Camber Energy Inc (AMEX: CEI) Right Now?
CEI has 36-month beta value of -1.80. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for CEI is 171.69M, and currently, short sellers hold a 1.24% ratio of that float. The average trading volume of CEI on August 05, 2024 was 8.18M shares.
CEI’s Market Performance
The stock of Camber Energy Inc (CEI) has seen a -11.21% decrease in the past week, with a -7.87% drop in the past month, and a -35.35% fall in the past quarter. The volatility ratio for the week is 4.50%, and the volatility levels for the past 30 days are at 6.71% for CEI. The simple moving average for the past 20 days is -12.53% for CEI’s stock, with a -45.62% simple moving average for the past 200 days.
CEI Trading at -19.03% from the 50-Day Moving Average
After a stumble in the market that brought CEI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.86% of loss for the given period.
Volatility was left at 6.71%, however, over the last 30 days, the volatility rate increased by 4.50%, as shares sank -7.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -35.90% lower at present.
During the last 5 trading sessions, CEI fell by -10.73%, which changed the moving average for the period of 200-days by -75.29% in comparison to the 20-day moving average, which settled at $0.1254. In addition, Camber Energy Inc saw -51.80% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CEI
Current profitability levels for the company are sitting at:
- -0.28 for the present operating margin
- 0.28 for the gross margin
The net margin for Camber Energy Inc stands at -2.08. The total capital return value is set at -0.11.
Based on Camber Energy Inc (CEI), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at -0.12. The debt to equity ratio resting at 4.44. The interest coverage ratio of the stock is -1.84.
Currently, EBITDA for the company is -3.5 million with net debt to EBITDA at -10.43. When we switch over and look at the enterprise to sales, we see a ratio of 2.63. The receivables turnover for the company is 4.93for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.52.
Conclusion
To put it simply, Camber Energy Inc (CEI) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
