Robert J. Mylod, Jr. Acquires 50,000 Shares of Vroom, Inc. (NASDAQ:VRM) Stock

Vroom, Inc. (NASDAQ:VRM) Director Robert J. Mylod, Jr. acquired 50,000 shares of Vroom stock in a transaction that occurred on Wednesday, November 27th. The stock was bought at an average cost of $5.23 per share, with a total value of $261,500.00. Following the acquisition, the director now directly owns 65,856 shares of the company’s stock, valued at approximately $344,426.88. This trade represents a 315.34 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Vroom Trading Down 5.5 %

VRM stock opened at $5.01 on Tuesday. The firm’s 50-day moving average is $8.16 and its two-hundred day moving average is $8.68. The company has a market capitalization of $9.12 million, a price-to-earnings ratio of -0.03 and a beta of 1.73. Vroom, Inc. has a 52 week low of $4.25 and a 52 week high of $76.93.

About Vroom

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.