On Monday, Rumble Inc (NASDAQ: RUM) was 4.10% up from the session before settling in for the closing price of $8.30. A 52-week range for RUM has been $3.33 – $9.20.
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Annual sales at Technology sector company grew by 140.54% over the past five years. When this article was written, the company’s average yearly earnings per share was at -7.76%. With a float of $74.24 million, this company’s outstanding shares have now reached $118.50 million.
Let’s look at the performance matrix of the company that is accounted for 158 employees. In terms of profitability, gross margin is -69.6%, operating margin of -168.19%, and the pretax margin is -156.62%.
Rumble Inc (RUM) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Rumble Inc stocks. The insider ownership of Rumble Inc is 73.83%, while institutional ownership is 9.17%. The most recent insider transaction that took place on Dec 02 ’24, was worth 206,942. In this transaction Director of this company sold 29,988 shares at a rate of $6.90, taking the stock ownership to the 12,487,349 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Director sold 30,000 for $5.93, making the entire transaction worth $178,025. This insider now owns 12,517,337 shares in total.
Rumble Inc (RUM) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 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
You can see what Rumble Inc (RUM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 39.29.
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)
Rumble Inc (NASDAQ: RUM) saw its 5-day average volume 3.14 million, a negative change from its year-to-date volume of 3.18 million. As of the previous 9 days, the stock’s Stochastic %D was 76.31%. Additionally, its Average True Range was 0.64.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 93.00%, which indicates a significant increase from 87.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.98% in the past 14 days, which was higher than the 73.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.40, while its 200-day Moving Average is $6.34. Nevertheless, the first resistance level for the watch stands at $9.11 in the near term. At $9.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.22. If the price goes on to break the first support level at $7.99, it is likely to go to the next support level at $7.34. The third support level lies at $6.88 if the price breaches the second support level.
Rumble Inc (NASDAQ: RUM) Key Stats
There are 389,518K outstanding shares of the company, which has a market capitalization of 3.37 billion. As of now, sales total 80,960 K while income totals -116,420 K. Its latest quarter income was 25,060 K while its last quarter net income were -31,540 K.
