Unterberg Capital LLC purchased a new position in shares of RumbleON, Inc. (OTCMKTS:RMBL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 200,000 shares of the company’s stock, valued at approximately $1,039,000. RumbleON comprises approximately 1.3% of Unterberg Capital LLC’s investment portfolio, making the stock its 25th largest holding. Unterberg Capital LLC owned about 1.68% of RumbleON at the end of the most recent reporting period.
Shares of RumbleON, Inc. (RMBL) traded down $0.16 on Wednesday, hitting $4.46. The stock had a trading volume of 19,955 shares, compared to its average volume of 32,145. RumbleON, Inc. has a 12-month low of $3.40 and a 12-month high of $10.00. The company has a market cap of $56.51, a PE ratio of -7.97 and a beta of -15.77.
RumbleON (OTCMKTS:RMBL) last issued its quarterly earnings results on Tuesday, February 27th. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.14). The firm had revenue of $3.44 million during the quarter, compared to analysts’ expectations of $3.49 million. research analysts forecast that RumbleON, Inc. will post -0.69 earnings per share for the current fiscal year.
In related news, Director Denmar John Dixon bought 15,000 shares of the firm’s stock in a transaction on Monday, March 5th. The stock was acquired at an average cost of $4.30 per share, for a total transaction of $64,500.00. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders have acquired 23,500 shares of company stock valued at $99,915.
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RumbleON Company Profile
RumbleON, Inc (RumbleON), formerly Smart Server Inc, is a development-stage company. The Company focuses on creating an e-commerce platform facilitating the ability of both consumers and dealers to Buy-Sell-Trade-Finance pre-owned recreation vehicles (RV). Serving both consumers and dealers, RumbleON makes such consumers or dealers a cash offer for the purchase of their vehicle.
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