American Rebel (NASDAQ:AREB) Shares to Reverse Split on Monday, February 2nd

Shares of American Rebel Holdings, Inc. (NASDAQ:AREB) are set to reverse split on the morning of Monday, February 2nd. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, February 1st.

American Rebel Stock Performance

AREB opened at $0.39 on Friday. American Rebel has a 1-year low of $0.29 and a 1-year high of $875.00. The company has a 50-day moving average of $0.86 and a 200-day moving average of $10.49. The company has a market capitalization of $3.07 million, a P/E ratio of 0.00 and a beta of 1.24.

American Rebel (NASDAQ:AREB) last issued its earnings results on Monday, November 10th. The company reported ($32.44) EPS for the quarter. The firm had revenue of $1.88 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of American Rebel in a research note on Wednesday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

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 American Rebel Holdings, Inc. (NASDAQ:AREB) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent SEC filing. 13.60% of the stock is owned by 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.