Cobalt International Energy, Inc. s in-depth stock price analysis indicates that the stock price has dropped -33.41% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -32.86% . Looking at the past 52 week period, the stock price is down -66.29% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Cobalt International Energy, Inc. has a negative value of -58.92 compared to overall market performance. Cobalt International Energy, Inc. (NYSE:CIE) has tumbled 15.33% during the past week and has dropped 29.36% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 16.01%. Cobalt International Energy, Inc. (NYSE:CIE) has underperformed the index by 30.62% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Cobalt International Energy, Inc. (NYSE:CIE) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.005 points or 0.61% at $0.8124 with 8,256,960 shares getting traded. Post opening the session at $0.86, the shares hit an intraday low of $0.782 and an intraday high of $0.866 and the price was in this range throughout the day. The company has a market cap of $358 million and the number of outstanding shares has been calculated to be 440,322,270 shares. The 52-week high of Cobalt International Energy, Inc. (NYSE:CIE) is $3.81 and the 52-week low is $0.7682.
Cobalt International Energy Last issued its quarterly earnings results on Nov 1, 2016. The company reported $-0.52 EPS for the quarter, missing the analyst consensus estimate by $ -0.35. Analyst had a consensus of $-0.17. The company had revenue of $4.20 million for the quarter, compared to analysts expectations of $4.46 million. The companys revenue was down -53.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.12 EPS.
Company has reported several Insider transactions to the SEC, on Jan 4, 2017, James H. Painter (President-Explr. and Appraisal) sold 21,534 shares at 1.24 per share price.On Dec 5, 2016, Van P. Whitfield (director) sold 413,084 shares at 1.37 per share price.On Aug 17, 2016, David D. Powell (CFO) purchased 100,000 shares at 0.99 per share price.
Cobalt International Energy, Inc., through its subsidiary Cobalt International Energy, L.P., operates as an independent oil focused exploration and production company with a highly prospective world-class portfolio in the deepwater U.S. Gulf of Mexico and offshore West Africa. All of the Companys prospects are oil-focused. The company is based in Houston, Texas.