Vroom, Inc. (NASDAQ:VRM) Director Purchases $261,500.00 in Stock

Vroom, Inc. (NASDAQ:VRM) Director Robert J. Mylod, Jr. bought 50,000 shares of Vroom stock in a transaction on Wednesday, November 27th. The shares were purchased at an average cost of $5.23 per share, for a total transaction of $261,500.00. Following the acquisition, the director now owns 65,856 shares in the company, valued at $344,426.88. The trade was a 315.34 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Vroom Price Performance

Shares of VRM opened at $5.01 on Thursday. Vroom, Inc. has a 12-month low of $4.25 and a 12-month high of $76.93. The business’s fifty day moving average price is $7.97 and its 200 day moving average price is $8.56. The stock has a market capitalization of $9.12 million, a PE ratio of -0.03 and a beta of 1.73.

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.