RumbleOn found using ticker (RMBL) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 60 and 51 calculating the average target price we see 55.5. Now with the previous closing price of 28.5 this now indicates there is a potential upside of 94.7%. There is a 50 day moving average of 33.89 and the 200 moving average now moves to 27.3. The market cap for the company is $63m. You can visit the company’s website by visiting: 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.
