Reebonz (NASDAQ:RBZ) Trading 5.2% Higher

Reebonz Holding Ltd (NASDAQ:RBZ) shares traded up 5.2% on Friday . The company traded as high as $3.00 and last traded at $2.81, 291,485 shares were traded during mid-day trading. A decline of 58% from the average session volume of 699,770 shares. The stock had previously closed at $2.67.

A number of research analysts have weighed in on the stock. Maxim Group set a $3.00 target price on shares of Agile Therapeutics and gave the stock a “buy” rating in a research note on Monday, June 10th. Roth Capital upped their target price on shares of Lovesac from $28.00 to $33.00 in a report on Wednesday, April 24th.

The business has a fifty day simple moving average of $3.99.

Reebonz Company Profile (NASDAQ:RBZ)

Reebonz Holding Limited operates an online platform for buying and selling a range of luxury products in Southeast Asia and the Asia Pacific markets. It offers a range of new and pre-owned luxury bags, accessories, watches, jewelry, and shoes from designer labels and a curation of merchants through sale events and Reebonz app, as well as iPhone, iPad, and Android platforms.

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