Although there has been no news about Camber Energy Inc’s (CEI) stock this week, the company’s stock was on the move yesterday.
The Camber stock jumped by 8% yesterday and it might be a good time for investors to take a look at development from earlier on this month. Back on April 14, the company announced that the end of the company’s fiscal year had been changed from March 31 to December 31.
It is going to be formalized after the company files a transition report that covers the nine-month period starting from April 1, 2020, up until December 31, 2020. In this regard, it should be noted that Camber Energy had made the application for changing the fiscal year had been submitted to the United States Securities and Exchange Commission back on February 8 this year. In light of the latest rally, investors could do well to keep an eye on the latest news regarding the Camber.