Rumble Inc (NASDAQ: RUM) on Friday, plunged -5.08% from the previous trading day, before settling in for the closing price of $5.91. Within the past 52 weeks, RUM’s price has moved between $3.33 and $9.20.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 140.54%. The company achieved an average annual earnings per share of -7.76%. With a float of $74.21 million, this company’s outstanding shares have now reached $114.93 million.
Considering the fact that the conglomerate employs 158 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -69.6%, operating margin of -168.19%, and the pretax margin is -156.62%.
Rumble Inc (RUM) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Rumble Inc is 73.85%, while institutional ownership is 9.16%. The most recent insider transaction that took place on Nov 06 ’24, was worth 178,025. In this transaction Director of this company sold 30,000 shares at a rate of $5.93, taking the stock ownership to the 12,517,337 shares. Before that another transaction happened on Nov 05 ’24, when Company’s Director sold 30,000 for $5.89, making the entire transaction worth $176,725. This insider now owns 12,547,337 shares in total.
Rumble Inc (RUM) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.15 earnings per share (EPS) for the period topping the consensus outlook (set at -0.22) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.76% per share during the next fiscal year.
Rumble Inc (NASDAQ: RUM) Trading Performance Indicators
Rumble Inc (RUM) is currently performing well based on its current performance indicators. A quick ratio of 3.94 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 24.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.64, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.34 in one year’s time.
Technical Analysis of Rumble Inc (RUM)
Compared to the last year’s volume of 3.07 million, its volume of 4.81 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 18.38%. Additionally, its Average True Range was 0.51.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 25.75%, which indicates a significant increase from 3.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.84% in the past 14 days, which was higher than the 72.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.63, while its 200-day Moving Average is $6.33. Nevertheless, the first resistance level for the watch stands at $5.82 in the near term. At $6.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.15. If the price goes on to break the first support level at $5.48, it is likely to go to the next support level at $5.35. Now, if the price goes above the second support level, the third support stands at $5.14.
Rumble Inc (NASDAQ: RUM) Key Stats
Market capitalization of the company is 2.07 billion based on 389,013K outstanding shares. Right now, sales total 80,960 K and income totals -116,420 K. The company made 22,470 K in profit during its latest quarter, and -26,780 K in sales during its previous quarter.
