RumbleON (NASDAQ:RMBL) Posts Earnings Results

RumbleON (NASDAQ:RMBL - Get Free Report) announced its quarterly earnings data on Monday. The company reported $0.04 EPS for the quarter, Zacks reports. RumbleON had a negative net margin of 6.81% and a negative return on equity of 63.42%.RumbleON Price PerformanceThese 2 Powersports Stocks Can Rev Up Your Portfolio RMBL remained flat at $2.00 during trading on Monday. 100,378 shares of the company's stock traded hands, compared to its average volume of 43,897. The stock has a 50 day moving average price of $2.26 and a 200 day moving average price of $2.82. The company has a debt-to-equity ratio of 8.00, a quick ratio of 0.27 and a current ratio of 1.14. The stock has a market cap of $75.58 million, a price-to-earnings ratio of -0.92 and a beta of 1.27. RumbleON has a fifty-two week low of $1.46 and a fifty-two week high of $7.06. Wall Street Analyst Weigh InSeparately, DA Davidson cut their price target on shares of RumbleON from $4.00 to $3.00 and set a "neutral" rating on the stock in a research report on Thursday, May 8th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat.com, RumbleON currently has a consensus rating of "Hold" and a consensus target price of $4.50.View Our Latest Analysis on RMBLAbout RumbleON (Get Free Report)RumbleOn, Inc primarily operates as a powersports retailer in the United States. It operates in two segments, Powersports and Vehicle Transportation Services. The Powersports segment provides new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercraft, snowmobiles, and other powersports products.Featured ArticlesFive stocks we like better than RumbleONWhy Invest in High-Yield Dividend Stocks?MNDY Stock Has a Case of the Mondays—Buy Before the ReboundRussell 2000 Index, How Investors Use it For Profitable TradingIPO Market Stays Hot With These 2 Debuting StocksWhat Are Treasury Bonds?Taiwan Semiconductor Stock: Own It, Don't Trade ItThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in RumbleON Right Now?Before you consider RumbleON, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RumbleON wasn't on the list.While RumbleON currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here