American Rebel (NASDAQ:AREB) Trading 6,914.1% Higher – Still a Buy?

American Rebel Holdings, Inc. (NASDAQ:AREB) was up 6,914.1% on Monday . The stock traded as high as $8.54 and last traded at $6.46. Approximately 74,926 shares traded hands during trading, a decline of 99% from the average daily volume of 5,722,521 shares. The stock had previously closed at $0.0921.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of American Rebel in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, American Rebel currently has a consensus rating of “Sell”.

American Rebel Trading Up 6,914.1%

The business has a fifty day moving average of $216.62 and a 200-day moving average of $6,572.53. The firm has a market cap of $646,000.00, a PE ratio of 0.00 and a beta of 1.39.

Hedge Funds Weigh In On American Rebel

A hedge fund recently bought a new stake in American Rebel stock. CWA Asset Management Group LLC bought a new position in shares of American Rebel Holdings, Inc. (NASDAQ:AREB) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 100,000 shares of the company’s stock, valued at approximately $95,000. CWA Asset Management Group LLC owned 17.86% of American Rebel at the end of the most recent quarter. 13.60% of the stock is currently owned by hedge funds and other institutional investors.

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.