American Rebel (NASDAQ:AREB) Announces Earnings Results

American Rebel (NASDAQ:AREB) issued its earnings results on Wednesday. The company reported ($71.28) earnings per share (EPS) for the quarter, Zacks reports.

American Rebel Trading Down 51.6%

Shares of AREB traded down $0.07 during mid-day trading on Wednesday, reaching $0.06. 4,249,697 shares of the stock traded hands, compared to its average volume of 2,870,434. The firm has a fifty day moving average price of $7.27 and a 200 day moving average price of $1,008.02. The company has a market cap of $14,446.00, a price-to-earnings ratio of 0.00 and a beta of 6.04. American Rebel has a 1 year low of $0.03 and a 1 year high of $122,000.00.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of American Rebel in a report on Wednesday, January 21st. Wall Street Zen upgraded shares of American Rebel to a “sell” rating in a research report on Saturday, May 2nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, American Rebel currently has an average rating of “Sell”.

American Rebel Company Profile

American Rebel Holdings, Inc designs and markets branded safes, and personal security and self-defense products. The company's safes are offered in various sizes and shapes for home, office, and personal use, as well as provides vault doors, handgun vaults, and inventory control safes under the American Rebel brand. It also offers accessories, such as back-over and back-under handgun hangers, ballistic shields, safe light kits, mag minders, moisture guards, and rifle rod kits and rods. In addition, the company's personal security and self-defense products include concealed carry backpacks; and concealed carry jackets, vests, and coats, as well as T-shirts for men and women under the American Rebel brand.