Look Past The Setbacks And Give American Rebel Holdings Inc (NASDAQ: AREB) Another Chance

American Rebel Holdings Inc (NASDAQ:AREB) currently has a daily average trading volume of 3.23M but it saw 10536657 shares traded in last market. With a market cap of 0.27M USD, the company’s current market price of $0.10 came falling about -27.21 while comparing to the previous closing price of $0.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.27 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.0857 while lowest mark touched by it was $0.1068.

Taking a look at 20-day trading activity of American Rebel Holdings Inc (AREB) gives us an average price of $0.2864, while its current price level is -98.93% below from 52-week high level whereas it is 1.43% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8791 while that of 200 days or SMA-200 reads an average of $2.9196. A closer look into the stock’s movement over the week reveals that its volatility is standing at 32.14% during that period while stretching the period over a month that decreases to 25.36%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 17.95 which implies that the stock is in oversold territory.

Over the week, AREB’s stock price is moving -40.36% down while it is -84.29% when we observe its performance for the past one month. Year-to-date it is -94.53% down and over the past year, the stock is showing a downside performance of -96.35%.

The company is expected to be releasing its next quarterly report on 2023-Apr-13, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, American Rebel Holdings Inc’s total number of outstanding shares is 2.70M with 0.05% of that held by the insiders while 0.56% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -342.34%. Stock’s beta reads 1.50. Stock has a price to sale or P/S ratio amounts to 0.02. Its return on asset (ROA) is -111.82% on average.