RumbleOn Stock

RumbleOn Market capitalization 2024

RumbleOn Market capitalization

74.51 M USD

Ticker

RMBL

ISIN

US7813863054

WKN

A2P426

In 2024, RumbleOn's market cap stood at 74.51 M USD, a -29.27% increase from the 105.34 M USD market cap in the previous year.

The RumbleOn Market capitalization history

YEARMarket Capitalization (undefined USD)
2023141.91
2022333.97
2021271.83
202042.47
201987.61
201863.48
20172.89
20160.07
2015-
2014-
2013-

RumbleOn Aktienanalyse

What does RumbleOn do?

RumbleOn Inc is a US-based company specializing in the trading of motorcycles, off-road vehicles, boats, and recreational vehicles. It was founded in 2017 by Marshall Chesrown and is headquartered in Irving, Texas. The company is known for its innovative business model and use of modern technologies. RumbleOn's core business is the trading of used vehicles. It offers a comprehensive platform that facilitates the buying and selling of vehicles. Through the use of innovative technologies such as algorithms and data analysis, RumbleOn can determine prices for vehicles that are fair and attractive to customers. Additionally, RumbleOn provides a warranty for purchased vehicles, giving customers confidence and security in their purchases. Another advantage for customers is the ability to sell their vehicles directly to RumbleOn without having to leave their homes for a separate inspection or demonstration. RumbleOn also offers financing options for vehicle purchases. The company has a valuation tool on its website that allows for a quick estimate of a vehicle's value. RumbleOn also operates an online auction platform for vehicles, where interested parties can bid on a vehicle. Sellers set a minimum bid and the highest bid wins the vehicle. This platform is particularly useful for sellers who want to earn the most money for their vehicles. The company also has a division for selling accessories, both for motorcycles and other vehicles. Customers can find and purchase all types of accessories and parts for their vehicles on RumbleOn's website. Another innovation from RumbleOn is the use of blockchain technology. RumbleOn allows customers to manage their digital ownership by using a blockchain-based platform. This allows customers to view and manage their vehicles from anywhere in the world. RumbleOn's solution is highly unique in the industry and provides unparalleled security for buyers and sellers. The company also plans to expand into European markets. In 2018, RumbleOn acquired Wholesale Inc, a used car wholesaler in Europe, to prepare for expansion. In the future, RumbleOn aims to increase its transaction volume and brand presence and establish itself as a leading provider of used vehicles. Overall, RumbleOn is an innovative company that utilizes modern technologies to make the trading of used vehicles easier and safer. With an effective business model and a strong management team, RumbleOn is on a path of expansion and has the potential to become one of the key players in the industry. RumbleOn ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring RumbleOn's Market Capitalization

RumbleOn's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of RumbleOn's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

RumbleOn's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in RumbleOn’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about RumbleOn stock

What is the current RumbleOn market capitalization?

The current market capitalization of RumbleOn is 74.51 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like RumbleOn.

How has the market capitalization of RumbleOn developed in recent years?

The market capitalization of RumbleOn has increased/decreased by -29.27% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of RumbleOn?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of RumbleOn?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of RumbleOn have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does RumbleOn pay?

Over the past 12 months, RumbleOn paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, RumbleOn is expected to pay a dividend of 0 USD.

What is the dividend yield of RumbleOn?

The current dividend yield of RumbleOn is .

When does RumbleOn pay dividends?

RumbleOn pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of RumbleOn?

RumbleOn paid dividends every year for the past 0 years.

What is the dividend of RumbleOn?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is RumbleOn located?

RumbleOn is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von RumbleOn kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of RumbleOn from 9/13/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did RumbleOn pay the last dividend?

The last dividend was paid out on 9/13/2024.

What was the dividend of RumbleOn in the year 2023?

In the year 2023, RumbleOn distributed 0 USD as dividends.

In which currency does RumbleOn pay out the dividend?

The dividends of RumbleOn are distributed in USD.

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Andere Kennzahlen von RumbleOn

Our stock analysis for RumbleOn Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of RumbleOn Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.