A Binary Play Worth Monitoring: Camber Energy, Inc. (CEI), JAKKS Pacific, Inc. (JAKK)

Camber Energy, Inc. (NYSE:CEI) has its shares plummet by -99.92% or $142.26 from its all-time high of $142.38, with CEI attaining that price back on October 19, 2018. The drop in the price of the shares saw it stand at $0.12 per share. CEI has been trading at a low of $0.12 over the past one year but it surged by 0% or $0 to reach the $0.12 mark. Following the massive decline in stock price, CEI received more attention from investors and analysts. On Thursday, the stock dipped by -2.16%, which caused investors and analysts to worry about it. Following the plunge in price, the CEI beta stands at 1.53, implying that its volatility level has gone up by -0.53 ahead of the general market. A look at the stock’s 200-day moving average shows that it is -98.19% below while its 50-day moving average shows that it is currently -40.83% below. Compared to 10.9% average daily volatility of past month, the stock’s average volatility for this week has decreased by -1.08 as the volatility level currently stands at 9.82%.

Over the past seven days, the stock has witnessed a price dip by -7.92%. This massive drop in stock price has caught the attention of both investors and market traders. The stock has performed poorly over the past 52 weeks, dropping by -99.91% during that time frame and is now down by -99.59% since this point this year. CEI has fell by -40.53% over the past 30 days, with its equity price losing% of its value over the past ninety days. These figures add up to see the stock record a shortfall of -98.58% over the past six months.

The stock’s technical analysis reveals that its 14-day Relative Strength Index (RSI) is currently in a oversold position as it was able to attain 28.49 points. The trading volume now standing at 4888703 shares. The decrease of -941297 shares in trading volume shows that traders and investors have shown less interest in the stock over the past few weeks. During that trading session, the average trading volume of CEI was 5830000 shares, which is more than 0.84 times higher than its usual trading volume.

JAKKS Pacific, Inc. has seen its stock (NASDAQ:JAKK) surge by $0.18 or 22.92% to currently trade at $0.97. This rise in the price of the stock has seen it establish a strong support at $0.69 a share. If the stock price is to drop below that support level, then it would be followed by a bearish trend. A slip below $0.4 would be bad for JAKK as it would mean that the stock has lost 58.76% of its value. The stock going in the opposite direction and breaking past the resistance point to reach $1.36 would see it surge even higher. JAKK would attempt to surge past the upward resistance point which is set at $1.74 a share. JAKK has an average volatility of 13.81% over the past 30 days, while it has gained 47.42% of its value compared to its 52-weeks low point which stands at $0.51 on Jun 26, 2019. In the same breath, JAKK has lost 18.56% compared to its 52-weeks high point which currently stands at $0.79 a share reached on Nov 09, 2018.

Analysts have set a 1-year price target for this stock, with most of them expecting it to reach $0.93/share over the next 12 months. If that happens, then JAKK would witness a -4.12% rise from its current price. The price of the stock has been moving between $0.79 and $1.46. Not all analysts believe it would hit that target though, as some of them expect it to trade lower, as low as $0.8 per share. In the same breath, one analyst believes that the stock is set to soar even higher than expected, as the price target was set at $1.

The stock is currently neutral as its Stochastic Oscillator (%D) is at 30.64%, which implies that a stability in price will be experienced for a while. Its shares P/S ratio is below the 0.37 industry average and below the 0.42 by the wider market, as JAKK’s P/S ratio currently stands at 0.06. The stock’s estimated price-earnings (P/E) multiple is 0 which is also below the 12-month price-earnings (P/E) which stands at 0. JAKKS Pacific, Inc. has experienced a rise in its earnings, recording an increase rate of 5.5% in each quarter over the past five years.

The stock has an average rating of 2.7 which means that it has been rated as a Holdby most analysts. The stock is being covered by 1 analysts who gave a consensus recommendation of 2.7 which implies that it is currently in a neutral situation. Reuters looked into analysts covering JAKKS Pacific, Inc., and 1 of them believe that the stock is a Hold at the moment. 0 of the analysts rated it as a Buy or a Strong Buy while the remaining analysts (0) rated it as a sell at the moment.