The stock recent traded volume was higher as compared with its average volume of 5946120 shares. It shifted down -20.78% in contrast to its 200 day moving average of $19.01. After the day began at $1.33, the company was seen hitting $1.40 as its intraday high price and $1.28 as its bottom price. (NYSE:CIE) completed business day lower at $1.33 with -0.75%.
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9 number of analysts also provided their insight on Cobalt International Energy, Inc., where the Average Price Target for the stock is $2.97.
Cobalt International Energy Inc.is an independent exploration and production company with operations in the deepwater the United States Gulf of Mexico and offshore Angola and Gabon in West Africa. The Stock has its 52-week High of $9.43 and 52-Week Low of $0.77 and it touched its 52-week high on Nov 5, 2015 and 52-Week Low on Aug 2, 2016. The stock is now trading down its SMA 50 of $12.25. Now the stock has been rated as “Buy” from 2 Analysts. The analyst recommendations from a month ago are 6 Buy, 1 Overweight, 11 Sell, 18 Hold and 3 Underweight. The company holds interests in the North Platte, Shenandoah, Anchor, and Heidelberg fields located in the U.S. Gulf of Mexico; and the Diaba block located offshore Gabon. About 600 shares traded hands. “Underperform” verdict was shared by 0 analyst and “Outperform” recommendation was issued by 3 analyst. The prior close of the stock price is recorded at $1.34. The stock has its Price to Earnings (P/E) ratio of 0 and Forward Price to Earnings ratio of 0.
The stock is now trading at Distance from 20-Day simple moving Average of 14.9% whereas, Distance from 50-Day Simple moving average is -9.59 Percent and Distance from 200-Day Simple Moving Average of -61.77 percent. The institutional ownership stake in the corporation is – while the Beta value stands at 2.29.
Cobalt International Energy (NYSE:CIE): The stock opened at $1.33 on Friday but the bulls could not build on the opening and the stock topped out at $1.40 for the day. The general theory behind ratings follows the line of thought that as stock prices rise or fall abruptly, they appear on various scan results and that creates a reinforcing trend for the stock price in a direction.
Cobalt International Energy, Inc. had its “neutral” rating reiterated by analysts at Citigroup. Moreover, Proxima Capital Management Llc has 3.7% invested in the company for 3.29 million shares. The consensus rating is 3.2, suggesting the market has given up on the stock.
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05/06/2015 – Cobalt International Energy, Inc. had its “overweight” rating reiterated by analysts at JP Morgan. The company has an Average Rating of 2.30 based on Thomson Reuters I/B/E/S scale of 1-5.
