American Rebel Holdings Inc. (NASDAQ: AREB) is -5.44% lower on its value in year-to-date trading and has touched a low of $0.12 and a high of $1.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AREB stock was last observed hovering at around $0.17 in the last trading session, with the day’s gains setting it 0.01% off its average median price target of $1.50 for the next 12 months. It is also 88.0% off the consensus price target high of $1.50 offered by 1 analysts, but current levels are 88.0% higher than the price target low of $1.50 for the same period.
Currently trading at $0.18, the stock is 22.01% and 20.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.73 million and changing 5.80% at the moment leaves the stock -34.51% off its SMA200. AREB registered -73.53% loss for a year compared to 6-month loss of -21.88%. The firm has a 50-day simple moving average (SMA 50) of $0.49 and a 200-day simple moving average (SMA200) of -$1.46.
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The stock witnessed a 18.51% gain in the last 1 month and extending the period to 3 months gives it a -10.71%, and is 18.08% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.83% over the week and 13.96% over the month.
Fwd P/E is 6.08. Distance from 52-week low is 46.00% and -88.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-53.70%).
American Rebel Holdings Inc. (AREB) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for American Rebel Holdings Inc. (AREB) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
American Rebel Holdings Inc. is expected to release its quarterly report on 08/30/2023.The EPS is expected to grow by 80.30% this year
American Rebel Holdings Inc. (AREB) Top Institutional Holders
The shares outstanding are 16.93M, and float is at 15.96M with Short Float at 1.84%.
American Rebel Holdings Inc. (AREB): Who are the competitors?
The company’s main competitors (and peers) include Rocky Brands Inc. (RCKY) that is trading -45.09% down over the past 12 months. JX Luxventure Limited (JXJT) is -74.12% down on the 1-year trading charts.
