RumbleON, Inc. (RMBL) Director Purchases $253,500.00 in Stock

RumbleON, Inc. (OTCMKTS:RMBL) Director Denmar John Dixon bought 50,000 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were bought at an average cost of $5.07 per share, for a total transaction of $253,500.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of RumbleON, Inc. (OTCMKTS:RMBL) remained flat at $$5.08 during mid-day trading on Thursday. RumbleON, Inc. has a 12-month low of $3.40 and a 12-month high of $10.00.

RumbleON (OTCMKTS:RMBL) last issued its quarterly earnings results on Thursday, November 9th. The company reported ($0.23) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.03. The business had revenue of $3.71 million for the quarter, compared to analysts’ expectations of $3.45 million. research analysts anticipate that RumbleON, Inc. will post -0.69 earnings per share for the current year.

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Separately, Roth Capital started coverage on RumbleON in a research report on Wednesday, October 25th. They set a “buy” rating and a $7.75 price target on the stock.

About RumbleON

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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