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With 18.92% Distance From Low, Is American Rebel Holdings Inc (NASDAQ:AREB) Still Renewed For Growth?

In last trading session, American Rebel Holdings Inc (NASDAQ:AREB) saw 0.38 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $0.37 trading at $0.03 or 6.32% at ring of the bell on the day assigns it a market valuation of $1.57M. That closing price of AREB’s stock is at a discount of -2062.16% from its 52-week high price of $8.00 and is indicating a premium of 18.92% from its 52-week low price of $0.30. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.46 million shares which gives us an average trading volume of 1.98 million if we extend that period to 3-months.

For American Rebel Holdings Inc (AREB), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.

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American Rebel Holdings Inc (NASDAQ:AREB) trade information

Upright in the green during last session for gaining 6.32%, in the last five days AREB remained trading in the red while hitting it’s week-highest on Friday, 11/17/23 when the stock touched $0.37 price level, adding 7.5% to its value on the day. American Rebel Holdings Inc’s shares saw a change of -92.40% in year-to-date performance and have moved -4.75% in past 5-day. American Rebel Holdings Inc (NASDAQ:AREB) showed a performance of -25.77% in past 30-days. Number of shares sold short was 35810.0 shares which calculate 0.33 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $2.00 to the stock, which implies a rise of 81.5% to its current value. Analysts have been projecting $2.00 as a low price target for the stock while placing it at a high target of $2.00. It follows that stock’s current price would drop -440.54% in reaching the projected high whereas dropping to the targeted low would mean a loss of -440.54% for stock’s current value.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $3.85 million for the same.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 39.70% during past 5 years.

AREB Dividends

American Rebel Holdings Inc is more likely to be releasing its next quarterly report on November 14 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

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