American Rebel’s (AREB) Sell (E+) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their sell (e+) rating on shares of American Rebel (NASDAQ:AREB) in a research note released on Friday,Weiss Ratings reports.

American Rebel Price Performance

AREB stock opened at $2.20 on Friday. American Rebel has a 1-year low of $1.22 and a 1-year high of $1,947.50. The company has a market capitalization of $1.24 million, a price-to-earnings ratio of 0.00 and a beta of 1.29. The business has a 50 day simple moving average of $13.94 and a two-hundred day simple moving average of $34.15.

Insiders Place Their Bets

In other American Rebel news, CEO Charles Andrew Ross, Jr. sold 8,750 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $18.80, for a total value of $164,500.00. Following the completion of the transaction, the chief executive officer directly owned 5 shares in the company, valued at $94. This represents a 99.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 74.11% of the stock is owned by insiders.

Institutional Trading of American Rebel

An institutional investor recently bought a new position in American Rebel stock. CWA Asset Management Group LLC acquired a new position in shares of American Rebel Holdings, Inc. (NASDAQ:AREB) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $95,000. CWA Asset Management Group LLC owned approximately 17.86% of American Rebel at the end of the most recent reporting period. Institutional investors and hedge funds own 13.60% of the company’s stock.

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.