Vroom, Inc. (VRM) at all time low ahead of earnings
If you thought cryptos are volatile and you can lose all your money, look at VRM Vroom.
52 Week Range 1.85 - 48.80.
Blackrock`s average entry: $41.
Bank of America price target: $30.
Year over year growth: 130.3%
And the stock is trading at 2usd, yesterday hitting all time low.
Few months ago Vroom bought the Auto Lender UACC For 300Mil and now the total market cap of VRM is 276Mil!
I know institutions are trying to average down as much as they can, but there isn`t anyone there to buy this company?
P/B of only 0.28!!
P/B ratio of less than 1 means that the stock is trading at less than its book value, it`s way undervalued!
I have a Strong Buy rating for this one, and a price target of $8.10 by the end of May (after the earnings), hopefully they`ll keep the strong growth and reduce the aberrant margins.
52 Week Range 1.85 - 48.80.
Blackrock`s average entry: $41.
Bank of America price target: $30.
Year over year growth: 130.3%
And the stock is trading at 2usd, yesterday hitting all time low.
Few months ago Vroom bought the Auto Lender UACC For 300Mil and now the total market cap of VRM is 276Mil!
I know institutions are trying to average down as much as they can, but there isn`t anyone there to buy this company?
P/B of only 0.28!!
P/B ratio of less than 1 means that the stock is trading at less than its book value, it`s way undervalued!
I have a Strong Buy rating for this one, and a price target of $8.10 by the end of May (after the earnings), hopefully they`ll keep the strong growth and reduce the aberrant margins.
BUYSELL indicators tradingindicators.store/
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
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