RumbleOn with ticker code (RMBL) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 60 and 51 calculating the average target price we see 55.5. Given that the stocks previous close was at 28.5 this would imply there is a potential upside of 94.7%. The 50 day moving average now sits at 33.89 and the 200 day MA is 27.3. The market capitalisation for the company is $63m. Visit the company website at: http://www.rumbleon.com
The potential market cap would be $122m based on the market concensus.
RumbleON, a development stage company, provides an e-commerce platform that facilitates consumers and dealers to buy, sell, trade, and finance pre-owned recreation vehicles. It primarily focuses on pre-owned Harley-Davidson motorcycles and other powersports. The company also provides third-party financing services. The company was formerly known as Smart Server and changed its name to RumbleON in February 2017. RumbleON was incorporated in 2013 and is based in Irving, Texas.
