American Rebel (NASDAQ:AREB) Issues Quarterly Earnings Results

American Rebel (NASDAQ:AREB) announced its earnings results on Wednesday. The company reported ($71.28) earnings per share (EPS) for the quarter, Zacks reports.

American Rebel Stock Down 51.6%

Shares of NASDAQ:AREB traded down $0.07 during midday trading on Wednesday, hitting $0.06. 4,249,697 shares of the stock traded hands, compared to its average volume of 2,870,434. The stock has a market capitalization of $14,446.00, a PE ratio of 0.00 and a beta of 6.04. The business’s 50 day moving average is $7.27 and its two-hundred day moving average is $1,008.02. American Rebel has a one year low of $0.03 and a one year high of $122,000.00.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of American Rebel in a research note on Wednesday, January 21st. Wall Street Zen raised shares of American Rebel to a “sell” rating in a research note on Saturday, May 2nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, American Rebel currently has a consensus rating of “Sell”.

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.