ibusinesslines.com May 23, 2018

Stock Showing Surging Activity: Cobalt International Energy, Inc. (CIE)

20 April 2017, 06:12 | Melissa Porter

Stock Showing Surging Activity: Cobalt International Energy, Inc. (CIE)

Upstream Stocks Inside the Relationship between Returns and Volatility

Stock is now moving with a negative distance from the 200 day simple moving average of approximately -59.5%, and has a poor year to date (YTD) performance of -65.42% which means the stock is constantly subtracting to its value from the previous fiscal year end price. This rating was issued on 8/18/16.

Many analysts are providing their Estimated Earnings analysis for Cobalt International Energy, Inc. and for the current quarter 7 analysts have projected that the stock could give an Average Earnings estimate of $-0.11/share.

Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms.

Price targets show what analysts believes a stock will be worth at the end of a certain time period. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Stock market analysts watching Cobalt International Energy, Inc.

Cobalt International Energy (NYSE:CIE) last released its quarterly earnings results on Tuesday, March 14th. The stock's price fluctuated within the range of $0.45 - $0.51 during previous trading session.

We've taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface.

Now the shares of Cobalt International Energy, Inc. They now have a United States dollars 11 price target on the stock. Price targets frequently change, depending on the outlook for a company's earnings. Cobalt International Energy earned a media sentiment score of 0.26 on Alpha One's scale.

Wall Street analysts have a consensus 2.30 recommendation on the stock. The latest reports which are outstanding on Monday 17th of April state 3 analysts have a rating of "strong buy", 1 analysts "buy", 4 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". The return on invested capital at -138.1%, which is good, compared to its peers. Bank of Montreal Can raised its position in Cobalt International Energy by 108,695.7% in the first quarter. (CIE) now has a value of $0.42 while the company's 52 week low is at $0.35, the shares dropped to the 52 week low on 03/22/17. That suggests something of the likelihood of a short squeeze in shares of CIE. The company's stock had a trading volume of 6,728,046 shares. Cobalt International Energy has a 52 week low of $0.35 and a 52 week high of $3.50. The company has a 1 Year high price target of $1.53. (CIE)'s distance from 200 day simple moving average is -59.5 percent, its distance from 50 day simple moving average is -29.52 percent, while its distance from 20 day simple moving average is -10.99 percent. (NYSE:CIE) has received an average recommendation of "Buy" from the seven ratings firms that are covering the stock. (CIE) is now showing its ROA (Return on Assets) of -67.8%. The return on assets ratio shows how well management is employing the company's total assets to make a profit.

While trading at volume below than average, American International Group, Inc.

The company surged 2.22% and closed its last trading session at $0.45.

The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent.

Separately, Zacks Investment Research upgraded Cobalt International Energy from a "hold" rating to a "buy" rating and set a $1.00 price target on the stock in a research note on Tuesday, February 7th. The stock is showing its Operating Margin of 0 percent.

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