Vroom, Inc. (NASDAQ:VRM) Director Robert J. Mylod, Jr. Buys 50,000 Shares

Vroom, Inc. (NASDAQ:VRM) Director Robert J. Mylod, Jr. bought 50,000 shares of Vroom stock in a transaction dated Wednesday, November 27th. The stock was acquired at an average price of $5.23 per share, with a total value of $261,500.00. Following the completion of the transaction, the director now directly owns 65,856 shares of the company’s stock, valued at approximately $344,426.88. The trade was a 315.34 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Vroom Price Performance

VRM traded down $0.29 on Monday, reaching $5.01. 39,900 shares of the company’s stock were exchanged, compared to its average volume of 132,314. The stock has a market cap of $9.12 million, a PE ratio of -0.03 and a beta of 1.73. Vroom, Inc. has a twelve month low of $4.25 and a twelve month high of $76.93. The stock’s fifty day moving average price is $8.16 and its 200-day moving average price is $8.68.

Vroom Company Profile

Vroom, Inc operates as an automotive finance company. The company offers vehicle financing to its customers through third party dealers under the UACC brand. It also provides artificial intelligence powered analytics and digital services to dealers, automotive financial services companies, and others in the automotive industry for automotive retail.