American Rebel (NASDAQ:AREB) Announces Earnings Results

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

American Rebel Stock 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 market cap of $14,446.00, a price-to-earnings ratio of 0.00 and a beta of 6.04. The stock has a fifty day simple moving average of $7.27 and a 200 day simple moving average of $1,008.02. American Rebel has a 12-month low of $0.03 and a 12-month high of $122,000.00.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on AREB shares. Wall Street Zen raised shares of American Rebel to a “sell” rating in a research report on Saturday, May 2nd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of American Rebel in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

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.