RumbleON, Inc. (NASDAQ:RMBL) went up by 17.00% from its latest closing price when compared to the 1-year high value of $5.70 and move down -2378.26%, while RMBL stocks collected +1.74% of gains with the last five trading sessions. Press Release reported on 03/30/20 that RumbleOn Announces Fiscal 2019 Operating Results
RMBL Market Performance
RMBL stocks went up by 1.74% for the week, with the monthly drop of -21.16% and a quarterly performance of -72.47%, while its annual performance rate touched -95.82%. The simple moving average for the period of the last 20 days is 3.04% for RMBL stocks with the simple moving average of -88.93% for the last 200 days.
Analysts’ Opinion on RumbleON, Inc. (NASDAQ:RMBL)
Many brokerage firms have already submitted their reports for RMBL stocks, with JMP Securities repeating the rating for RMBL shares by setting it to “Mkt Outperform”. The predicted price for RMBL socks in the upcoming period according to JMP Securities is $10 based on the research report published on July 30, 2019.
B. Riley FBR, on the other hand, stated in their research note that they expect to see RMBL stock at the price of $9. The rating they have provided for RMBL stocks is “Buy” according to the report published on March 15, 2019.
National Securities gave “Buy” rating to RMBL stocks, setting the target price at $9 in the report published on December 20, 2018.
RMBL Stocks -38.30% Far from 50 Day Moving Average
After a stumble in the market that brought RMBL to its low price for the period of the last 52 weeks, RumbleON, Inc. was unable to take a rebound, for now settling with -95.89% of loss for the given period.
The stock volatility was left at 26.06%, however, within the period of a single month, the volatility rate increased by 16.71%, while the shares sank at the distance of -14.44% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -58.95% lower at the present time.
In the course of the last 5 trading sessions, RMBL went up by +1.74%, which changed the moving average for the period of 200 days to the total of -94.44% of losses for the stock in comparison to the 20-day moving average settled at $0.2251. In addition, RumbleON, Inc. saw -71.66% in overturn over the period of a single year with a tendency to cut further losses.
RMBL Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at RumbleON, Inc. (RMBL), starting from BERRARD STEVEN R, who bought 200,000 shares at the price of $0.57 back on Jan 14. After this action, Rushing now owns 2,170,000 shares of RumbleON, Inc., valued at $114,000 with the latest closing price.
Dixon Denmar John, the Director of RumbleON, Inc., bought 200,000 shares at the value of $0.57 during a trade that took place back on Jan 14, which means that Dixon Denmar John is holding 1,252,829 shares at the value of $114,000 based on the most recent closing price.
RMBL Stock Fundamentals
The current profitability levels are settled at -4.50 for the present operating margin and +5.81 for gross margin. The net margin for RumbleON, Inc. stands at -5.37. Equity return holds the value -124.90%, with -31.90% for asset returns.