Rumble Inc (RUM) recently have taken one step ahead with the beta value of 0.79

Rumble Inc (NASDAQ: RUM) started the day on Wednesday, with a price decrease of -9.96% at $6.15, before settling in for the price of $6.83 at the close. Taking a more long-term approach, RUM posted a 52-week range of $3.33-$9.20.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 140.54%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -7.76%. This publicly-traded company’s shares outstanding now amounts to $114.93 million, simultaneously with a float of $74.00 million. The organization now has a market capitalization sitting at $2.40 billion. At the time of writing, stock’s 50-day Moving Average stood at $5.62, while the 200-day Moving Average is $6.34.

Rumble Inc (RUM) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. Rumble Inc’s current insider ownership accounts for 73.91%, in contrast to 9.10% institutional ownership. According to the most recent insider trade that took place on Nov 06 ’24, this organization’s Director sold 30,000 shares at the rate of 5.93, making the entire transaction reach 178,025 in total value, affecting insider ownership by 12,517,337. Preceding that transaction, on Nov 05 ’24, Company’s Director sold 30,000 for 5.89, making the whole transaction’s value amount to 176,725. This particular insider is now the holder of 12,547,337 in total.

Rumble Inc (RUM) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.

Rumble Inc’s EPS decrease for this current 12-month fiscal period is -7.76% and is forecasted to reach -0.34 in the upcoming year.

Rumble Inc (NASDAQ: RUM) Trading Performance Indicators

Let’s observe the current performance indicators for Rumble Inc (RUM). It’s Quick Ratio in the last reported quarter now stands at 3.94. The Stock has managed to achieve an average true range (ATR) of 0.52. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 27.96.

In the same vein, RUM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.64, a figure that is expected to reach -0.12 in the next quarter, and analysts are predicting that it will be -0.34 at the market close of one year from today.

Technical Analysis of Rumble Inc (RUM)

If we take a close look at the recent performances of Rumble Inc (NASDAQ: RUM), its last 5-days Average volume was 4.87 million that shows progress from its year to date volume of 3.07 million. During the previous 9 days, stock’s Stochastic %D was recorded 67.06% While, its Average True Range was 0.59.

Raw Stochastic average of Rumble Inc (RUM) in the period of the previous 100 days is set at 45.90%, which indicates a major rise in contrast to 37.01% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 114.16% that was higher than 71.33% volatility it exhibited in the past 100-days period.