Cobalt International Energy (CIE) is Trading Lower on Unusual Volume for January 20

Equities Staff |

Cobalt International Energy (CIE) experienced unusually high volume on Jan. 20, as the stock lost 5.05% to a closing price of $2.92. The stock saw 6.49 million shares trade hands over the course of the day on 17,304 trades. Given that the stock’s average daily volume over the last month has been 4.31 million shares a day, this represents a pretty substantial spike over the norm.

Cobalt International Energy has a P/B ratio of 0.63. The stock has traded between $11.20 and $3.06 over the last 52-weeks, its 50-day SMA is now $6.42, and its 200-day SMA $8.33.

Cobalt International Energy Inc is an independent oil exploration and production company with operations in the deepwater U.S. Gulf of Mexico and offshore Angola and Gabon in West Africa.

Headquartered in Houston, TX, Cobalt International Energy has 205 employees and is currently under the leadership of CEO Joseph H. Bryant.

For a complete fundamental analysis analysis of Cobalt International Energy, check out’s Stock Valuation Analysis report for CIE. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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