Camber Energy (NYSEAMERICAN:CEI) Share Price Crosses Above 50-Day Moving Average of $0.00

Posted by on Jun 17th, 2022

Shares of Camber Energy, Inc. (NYSEAMERICAN:CEI – Get Rating) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.00 and traded as high as $0.49. Camber Energy shares last traded at $0.48, with a volume of 20,376,178 shares traded.

A number of hedge funds have recently bought and sold shares of the business. Biltmore Capital Advisors LLC bought a new position in shares of Camber Energy in the 4th quarter valued at $25,000. Victory Capital Management Inc. increased its holdings in Camber Energy by 137.5% during the 4th quarter. Victory Capital Management Inc. now owns 36,003 shares of the oil and natural gas company’s stock worth $31,000 after purchasing an additional 20,842 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of Camber Energy in the fourth quarter valued at approximately $53,000. Cetera Advisor Networks LLC bought a new position in shares of Camber Energy in the third quarter valued at approximately $72,000. Finally, Blair William & Co. IL bought a new position in shares of Camber Energy in the first quarter valued at approximately $85,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Camber Energy Company Profile (NYSEAMERICAN:CEI)

Camber Energy, Inc, an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in Kansas, Missouri; Louisiana; and Texas. As of December 31, 2021, its total estimated proved producing reserves consists of approximately 73,800 barrels of oil equivalent, including 48,400 barrels were crude oil and NGL reserves, and 152,400 thousand cubic feet were natural gas reserves.

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