-20.99% Drop in Cobalt International Energy, Inc. Over the Last Month

-20.99% Drop in Cobalt International Energy, Inc.

In a recent session, Cobalt International Energy, Inc (NYSE:$CIE) experienced a downswing with a volume of 0.39 million. They also saw a change of -4.67% at a price of $1.43. The company currently has a 3 month average volume of 0.53 million.

The company’s aggregate recommendation currently sits at 2.70 according to analysts. The scale runs from 1-5, with 1 indicating a ‘Strong-Buy’ and 5.0 indicating a ‘Strong-Sell’. The stock is also 0.35% above the 52 week low, and -93.47% below the 52 week high. The company currently has 30.24 million shares outstanding with a value of 40 million.

The stock is currently trading down -42.11% during the recent quarter, giving a bearish signal to investors. In the last 5 trading days, the stock saw a negative move of -15.38%. As the stock is falling, it remains in negative radar. The stock dipped -82.13% over the past six months. Over the last 12 months, the stock moved even lower with a drop of -92.31%. From year-to-date, the stock has slumped down -92.19%.

As for risk, the company currently sits at a beta of 1.82, indicating it is 82% more volatile than the industry standard.

The company currently has a Return on Equity of 443.80%. This indicates how profitable the company is. They also have a Return on Assets of -107.30%. This can indicate poorly managed assets. Their Return on Investments currently sits at -138.10%, indicating that the costs may outweigh the returns. Because of these three factors, analysts view the stock as a net loss.

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About the author: Dylan is a content writer and editor located in Vancouver, British Columbia. He graduated from the University of Regina with BA degrees in both Journalism and History in 2016. His skills include writing, blogging, editing, and developing content for both print and internet media.