American Rebel (NASDAQ:AREB) Upgraded to “Sell” at Wall Street Zen

Wall Street Zen upgraded shares of American Rebel (NASDAQ:AREB) to a sell rating in a report released on Saturday morning.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of American Rebel in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

American Rebel Trading Down 15.3%

Shares of NASDAQ AREB opened at $0.32 on Friday. American Rebel has a 12 month low of $0.31 and a 12 month high of $164,000.00. The company has a 50 day simple moving average of $9.26 and a two-hundred day simple moving average of $1,264.45. The stock has a market cap of $73,600.00, a price-to-earnings ratio of 0.00 and a beta of 6.02.

Hedge Funds Weigh In On American Rebel

An institutional investor recently bought a new position in American Rebel stock. CWA Asset Management Group LLC bought a new stake in shares of American Rebel Holdings, Inc. (NASDAQ:AREB) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 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. 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.