Camber Energy Inc. /zigman2/quotes/201242655/composite CEI -4.13%
Camber Energy is another very popular penny stock that has continued to make waves over the past few months. Up by over 2.4% at midday, CEI has climbed by almost 50% in value in the past month. Despite being down over 50% in the past six months, we have seen some major spikes (and drops) during that time.
At around $0.79 per share, CEI stock is far away from its one year high of almost $4. Similarly to the other stocks on this list, CEI is a penny stock that has been discussed heavily on social media sites like Reddit and Twitter. This has been the case with Camber Energy since last year, and has driven major increases in its value.
On top of this however, we have the recent bullishness on the energy industry due to the conflict between Russia and Ukraine. As a meme stock , Camber Energy is likely to continue moving both frequently and in large amounts. The most recent news from the company came a few days ago when it announced that it has redeemed 2,636 shares of its Series G Preferred Stock.
With all of that in mind, do you think CEI stock is worth buying or not?
Which Penny Stocks Are You Watching Right Now?
Are penny stocks worth investing in? This is a question that many people ask, especially in light of the volatile stock market. While there is no easy answer, there are some things to consider that can help you make a decision.
The first thing to keep in mind is that stocks are not always a good investment. In fact, they can be quite risky, especially when it comes to penny stocks. However, if you do your research and find a solid company with good stocks, then it can be worth investing in them. Considering all of this, which penny stocks are you watching right now?
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