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Should You Accumulate Romeo Power Inc (RMO) Stock Monday Morning?

Monday, August 30, 2021 09:13 AM | InvestorsObserver Analysts

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Should You Accumulate Romeo Power Inc (RMO) Stock Monday Morning?

Romeo Power Inc (RMO) is up Monday morning, with the stock increasing 1.02% in pre-market trading to 4.95. RMO's short-term technical score of 11 indicates that the stock has traded less bullishly over the last month than 89% of stocks on the market. In the Auto Parts industry, which ranks 107 out of 146 industries, RMO ranks higher than 8% of stocks. Romeo Power Inc has fallen 30.50% over the past month, closing at $6.99 on August 2. During this period of time, the stock fell as low as $4.20 and as high as $7.44. RMO has an average analyst recommendation of Buy. The company has an average price target of $5.50.

Overall Score - 15
RMO has an Overall Score of 15. Find out what this means to you and get the rest of the rankings on RMO!
Romeo Power Inc has a Long-Term Technical rank of 8. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 92% of the market scoring higher. In the Auto Parts industry which is number 125 by this metric, RMO ranks better than 5% of stocks.

Important Dates for Investors in RMO:

-Romeo Power Inc is set to release earnings on 11/15/2021. During their last earnings release the company posted EPS of $0.46. -We do not have a set dividend date for Romeo Power Inc at this time. Click Here To Get The Full Report on Romeo Power Inc (RMO)

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