CEI Stock Summary and Trading Ideas (Camber Energy | AMEX:CEI)

Camber Energy Inc is a growth-oriented diversified energy company. Through its majority-owned subsidiaries, it provides custom energy and power solutions to commercial and industrial clients in North America. The Company reports its operations in two industry segments: Oil & Gas and Power. The power generation segment provides custom energy and power solutions to commercial and industrial clients in North America and the oil and gas segment is involved in exploration and production with properties in central and southern United States. The majority of revenue is from the power generation segment.

Camber Energy trades on the AMEX stock market under the symbol CEI.

As of April 18, 2024, CEI stock price declined to $0.16 with 4,811,801 million shares trading.

CEI has a beta of 1.12, meaning it tends to be more sensitive to market movements. CEI has a correlation of 0.01 to the broad based SPY ETF.

CEI has a market cap of $17.20 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, CEI stock traded as high as $242.50 and as low as $.15.

The top ETF exchange traded funds that CEI belongs to (by Net Assets): VXF, VTI.

CEI has underperformed the market in the last year with a price return of -90.3% while the SPY ETF gained +23.0%. CEI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.4% and -21.4%, respectively, while the SPY returned +6.7% and -3.3%, respectively.

CEI support price is $.16 and resistance is $.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CEI stock will trade within this expected range on the day.