Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, RumbleON Inc’s stock clocked out at $2.14, down -5.73% from its previous closing price of $2.27. In other words, the price has decreased by -$5.73 from its previous closing price. On the day, 2.13 million shares were traded. RMBL stock price reached its highest trading level at $2.37 during the session, while it also had its lowest trading level at $2.12.
Ratios:
To gain a deeper understanding of RMBL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.99. For the most recent quarter (mrq), Quick Ratio is recorded 0.27 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 22.35 whereas as Long-Term Debt/Eq ratio is at 12.83.
On January 14, 2025, DA Davidson Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $7.50 to $5.
B. Riley Securities Downgraded its Buy to Neutral on November 29, 2024, while the target price for the stock was maintained at $7.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 19 ’24 when Cohen Mark Alexander bought 349,333 shares for $4.18 per share. The transaction valued at 1,460,212 led to the insider holds 7,075,815 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RMBL now has a Market Capitalization of 81018264 and an Enterprise Value of 692418304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 3.01. Its current Enterprise Value per Revenue stands at 0.604 whereas that against EBITDA is 18.514.
Stock Price History:
The Beta on a monthly basis for RMBL is 1.64, which has changed by -0.42933333 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, RMBL has reached a high of $7.06, while it has fallen to a 52-week low of $1.46. The 50-Day Moving Average of the stock is -1.98%, while the 200-Day Moving Average is calculated to be -46.86%.
Shares Statistics:
It appears that RMBL traded 142.03K shares on average per day over the past three months and 302020 shares per day over the past ten days. A total of 37.79M shares are outstanding, with a floating share count of 21.68M. Insiders hold about 42.73% of the company’s shares, while institutions hold 45.47% stake in the company. Shares short for RMBL as of 1749772800 were 2244568 with a Short Ratio of 15.80, compared to 1747267200 on 2059192. Therefore, it implies a Short% of Shares Outstanding of 2244568 and a Short% of Float of 13.38.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
