American Rebel (NASDAQ:AREB) Trading 69.5% Higher – Should You Buy?

Shares of American Rebel Holdings, Inc. (NASDAQ:AREB) traded up 69.5% on Wednesday . The stock traded as high as $0.2265 and last traded at $0.2203. Approximately 13,222,251 shares were traded during mid-day trading, an increase of 440% from the average daily volume of 2,446,353 shares. The stock had previously closed at $0.13.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of American Rebel to a “sell” rating in a research note on Saturday, May 2nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, American Rebel currently has an average rating of “Sell”.

American Rebel Stock Performance

The company has a market cap of $3.26 million, a P/E ratio of -0.00 and a beta of 5.67. The business has a 50 day moving average price of $1.80 and a two-hundred day moving average price of $486.62.

American Rebel (NASDAQ:AREB) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($71.28) earnings per share (EPS) for the quarter.

About American Rebel

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.