RumbleON (RMBL) Earns Buy Rating from Analysts at Aegis
Several other analysts have also recently issued reports on RMBL. Zacks Investment Research upgraded RumbleON from a sell rating to a hold rating in a research report on Thursday, January 4th. Roth Capital assumed coverage on RumbleON in a research report on Wednesday, October 25th. They set a buy rating and a $7.75 target price for the company.
RumbleON (OTCMKTS RMBL) opened at $4.01 on Friday. RumbleON has a 12 month low of $3.40 and a 12 month high of $10.00. The company has a market capitalization of $57.14, a PE ratio of -6.91 and a beta of -17.37.
In other RumbleON news, Director Denmar John Dixon bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The stock was purchased at an average price of $5.10 per share, for a total transaction of $25,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have purchased 7,000 shares of company stock valued at $36,150 in the last quarter.
An institutional investor recently bought a new position in RumbleON stock. Unterberg Capital LLC purchased a new stake in shares of RumbleON, Inc. (OTCMKTS:RMBL) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 200,000 shares of the company’s stock, valued at approximately $1,039,000. RumbleON makes up 1.3% of Unterberg Capital LLC’s holdings, making the stock its 25th biggest holding. Unterberg Capital LLC owned about 1.68% of RumbleON as of its most recent SEC filing.
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RumbleON Company Profile
RumbleON, Inc (RumbleON), formerly Smart Server Inc, is a development-stage company. The Company focuses on creating an e-commerce platform facilitating the ability of both consumers and dealers to Buy-Sell-Trade-Finance pre-owned recreation vehicles (RV). Serving both consumers and dealers, RumbleON makes such consumers or dealers a cash offer for the purchase of their vehicle.
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