RumbleOn (RMBL) Projected to Post Earnings on Tuesday

RumbleOn (NASDAQ:RMBL - Get Free Report) is expected to release its earnings data before the market opens on Tuesday, March 11th. Analysts expect RumbleOn to post earnings of ($0.26) per share and revenue of $278.42 million for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

RumbleOn Price Performance

Shares of NASDAQ RMBL traded up $0.20 during trading on Friday, hitting $4.15. The company had a trading volume of 113,338 shares, compared to its average volume of 82,033. The company has a market cap of $146.79 million, a P/E ratio of -0.49 and a beta of 2.17. RumbleOn has a 52 week low of $3.13 and a 52 week high of $7.99. The business's 50-day moving average is $4.45 and its 200 day moving average is $4.94. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.29 and a current ratio of 1.12.

Analyst Upgrades and Downgrades

Several research firms have issued reports on RMBL. B. Riley cut RumbleOn from a "buy" rating to a "neutral" rating and set a $7.00 price target on the stock. in a report on Friday, November 29th. DA Davidson reaffirmed a "neutral" rating and issued a $5.00 price target (down previously from $7.50) on shares of RumbleOn in a report on Tuesday, January 14th.

RumbleOn Company Profile

RumbleOn, Inc primarily operates as a powersports retailer in the United States. It operates in two segments, Powersports and Vehicle Transportation Services. The Powersports segment provides new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercraft, snowmobiles, and other powersports products.