Somewhat Favorable News Coverage Somewhat Unlikely to Impact RumbleON (RMBL) Share Price
News articles about RumbleON (NASDAQ:RMBL) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. RumbleON earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.2975021482689 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Separately, Roth Capital began coverage on RumbleON in a report on Wednesday, October 25th. They issued a “buy” rating and a $7.75 price target for the company.
RumbleON (RMBL) traded down $0.01 during mid-day trading on Tuesday, hitting $5.04. The stock had a trading volume of 69,400 shares, compared to its average volume of 26,401. RumbleON has a 52 week low of $3.40 and a 52 week high of $10.00.
RumbleON (NASDAQ:RMBL) last released its quarterly earnings data on Thursday, November 9th. The company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.03. The company had revenue of $3.71 million during the quarter, compared to the consensus estimate of $3.45 million. sell-side analysts predict that RumbleON will post -0.69 earnings per share for the current year.
TRADEMARK VIOLATION WARNING: This article was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this article on another website, it was stolen and republished in violation of United States & international copyright law. The legal version of this article can be read at https://www.watchlistnews.com/somewhat-favorable-news-coverage-somewhat-unlikely-to-impact-rumbleon-rmbl-share-price/1703269.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.
Receive News & Ratings for RumbleON Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RumbleON Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.