The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. RumbleON Inc shares valued at $1,460,212 were purchased by Cohen Mark Alexander on Dec 19 ’24. At $4.18 per share, Cohen Mark Alexander acquired 349,333 shares. The insider’s holdings grew to 7,075,815 shares worth approximately $16.77 million following the completion of this transaction.
As published in a research note from Robert W. Baird on April 04, 2025, RumbleON Inc [RMBL] has been rated down from an Outperform to a Neutral and the price target has been revised to $3. Analysts at DA Davidson downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid January. As of November 29, 2024, B. Riley Securities has decreased its “Buy” rating to a “Neutral” for RMBL. Earlier on September 21, 2022, Wolfe Research initiated its rating. Their recommendation was “a Peer perform” for RMBL stock.
Analyzing RMBL Stock Performance
During the last five days, there has been a drop of approximately -5.20%. Over the course of the year, RumbleON Inc shares have dropped approximately -56.35%. Shares of the company reached a 52-week high of $5.68 on 01/02/25 and a 52-week low of $1.95 on 04/07/25. A 50-day SMA is recorded $3.48, while a 200-day SMA reached $4.48.
Support And Resistance Levels for RumbleON Inc (RMBL)
According to the 24-hour chart, there is a support level at 2.26, which, if violated, would cause prices to drop to 2.16. In the upper region, resistance lies at 2.53. The next price resistance is at 2.70. RSI (Relative Strength Index) is 36.22 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.10, which suggests the price will decrease in the coming days. Percent R is at 61.47%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
