American Rebel (NASDAQ:AREB) Shares Up 9.3% – Here’s Why

Shares of American Rebel Holdings, Inc. (NASDAQ:AREB) were up 9.3% during trading on Friday . The company traded as high as $0.2153 and last traded at $0.2153. Approximately 239,244 shares were traded during trading, a decline of 89% from the average daily volume of 2,244,616 shares. The stock had previously closed at $0.1970.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of American Rebel to a “sell” rating in a research note on Saturday, May 2nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

American Rebel Stock Performance

The firm has a market cap of $2.75 million, a price-to-earnings ratio of -0.00 and a beta of 4.75. The company has a 50 day moving average price of $0.18 and a 200 day moving average price of $152.89.

American Rebel (NASDAQ:AREB) last issued its quarterly earnings data on Wednesday, May 13th. The company reported ($71.28) earnings per share (EPS) for the quarter.

American Rebel Company Profile

American Rebel Holdings, Inc designs and markets branded safes, and personal security and self-defense products. The company's safes are offered in various sizes and shapes for home, office, and personal use, as well as provides vault doors, handgun vaults, and inventory control safes under the American Rebel brand. It also offers accessories, such as back-over and back-under handgun hangers, ballistic shields, safe light kits, mag minders, moisture guards, and rifle rod kits and rods. In addition, the company's personal security and self-defense products include concealed carry backpacks; and concealed carry jackets, vests, and coats, as well as T-shirts for men and women under the American Rebel brand.