RumbleON, Inc. (RMBL) Director Acquires $56,300.00 in Stock
RumbleON, Inc. (OTCMKTS:RMBL) Director Denmar John Dixon purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, November 14th. The stock was bought at an average cost of $5.63 per share, with a total value of $56,300.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
OTCMKTS RMBL opened at $6.39 on Monday. RumbleON, Inc. has a twelve month low of $3.53 and a twelve month high of $10.98.
RumbleON (OTCMKTS:RMBL) last released its quarterly earnings results on Friday, October 26th. The company reported ($0.46) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.23) by ($0.23). The company had revenue of $19.26 million during the quarter, compared to the consensus estimate of $23.64 million.
RMBL has been the topic of a number of recent analyst reports. Zacks Investment Research lowered RumbleON from a “hold” rating to a “sell” rating in a research report on Tuesday, September 25th. Maxim Group lifted their price target on RumbleON from $8.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, October 10th. Finally, Craig Hallum began coverage on RumbleON in a research report on Friday, November 2nd. They set a “buy” rating and a $13.00 price target on the stock.
WARNING: This story was published by Daily Political and is owned by of Daily Political. If you are reading this story on another publication, it was stolen and republished in violation of US and international copyright & trademark legislation. The correct version of this story can be read at https://www.dailypolitical.com/2018/11/19/rumbleon-inc-rmbl-director-acquires-56300-00-in-stock.html.
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.
See Also: When is a capital gain realized?
Receive News & Ratings for RumbleON Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RumbleON and related companies with MarketBeat.com's FREE daily email newsletter.