Market

Camber Stock Price Increases by More Than 18%

Camber Energy stock price surges by more than 18% yesterday. The company is growing and obtained a meme stock status.   

Energy stocks have been raising lately due to the rising oil and gas prices. Yet, Camber Energy has a slightly different story – it announced development plans, which made investors optimistic, boosting its share price by more than 18% following social media mentions.

Keep reading to find out more about Camber’s potential and future plans. Let’s start with where you can buy this stock right now.  

How & Where to Buy Camber Energy Stock Online

If you want to add a fast-growing, cheap stock to your portfolio, Camber may be exactly what you need. You can find its stock listed on several online brokerage platforms. To help you out, we’ve researched the top online brokers right now and listed them below:

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.


Register with eToro instantly

Webull

Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.


Register with Webull instantly

What Is Camber Energy?

Camber Energy manages oil and gas properties in the Gulf Coast region. It operates only in the onshore U.S. natural gas and oil industry.

Should I Buy Camber Energy Today?

Camber Energy is a potential short-squeeze candidate as the stock has become extremely popular on Twitter. Recently, Camber has announced its plans to expand into green energy solutions to leverage the growth of alternative fuel.

Camber Energy is likely to suffer the same course like any other meme stock – the bulls wish for an extended rally, but once the squeeze is over, the stock’s uptrend may quickly reverse. Thus, if you want to invest in Camber Energy, make sure you do your analysis and set stop-loss and take-profit levels to protect your capital against heavy losses. As of mid-September, about a quarter of its stock was sold short.

Camber Energy Price Prediction 2021

Camber’s share price is highly volatile, reaching a low of $0.33 and a high of $3.44 in the past 52 weeks. Given this high volatility, its estimated price for the next 12 months is difficult to predict, thus no forecast is available as of this writing.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

close