Rumble Inc (NASDAQ: RUM) kicked off on Friday, down -6.39% from the previous trading day, before settling in for the closing price of $16.27. Over the past 52 weeks, RUM has traded in a range of $3.33-$17.38.
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Technology Sector giant saw their annual sales surged by 140.54% over the last five years. While this was happening, its average annual earnings per share was recorded -7.76%. With a float of $74.40 million, this company’s outstanding shares have now reached $118.50 million.
The firm has a total of 158 workers. Let’s measure their productivity. 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Rumble Inc is 73.80%, while institutional ownership is 9.15%. 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) Earnings and Forecasts
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
Take a look at Rumble Inc’s (RUM) current performance indicators. Last quarter, stock had a quick ratio of 3.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 64.88.
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)
Analysing the last 5-days average volume posted by the [Rumble Inc, RUM], we can find that recorded value of 36.64 million was better than the volume posted last year of 3.84 million. As of the previous 9 days, the stock’s Stochastic %D was 79.18%. Additionally, its Average True Range was 1.57.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 82.61%, which indicates a significant increase from 79.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 270.64% in the past 14 days, which was higher than the 126.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.27, while its 200-day Moving Average is $6.49. Now, the first resistance to watch is $16.86. This is followed by the second major resistance level at $18.50. The third major resistance level sits at $19.59. If the price goes on to break the first support level at $14.13, it is likely to go to the next support level at $13.04. Should the price break the second support level, the third support level stands at $11.40.
Rumble Inc (NASDAQ: RUM) Key Stats
The company with the Market Capitalisation of 5.56 billion has total of 389,518K Shares Outstanding. Its annual sales at the moment are 80,960 K in contrast with the sum of -116,420 K annual income. Company’s last quarter sales were recorded 25,060 K and last quarter income was -31,540 K.
