Rumble Inc (NASDAQ: RUM) on Friday, plunged -5.58% from the previous trading day, before settling in for the closing price of $11.12. Within the past 52 weeks, RUM’s price has moved between $4.92 and $17.40.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Technology sector company grew by 140.54% over the past five years. The company achieved an average annual earnings per share of -6.90%. With a float of $310.86 million, this company’s outstanding shares have now reached $503.39 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 Updates
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Rumble Inc is 38.25%, while institutional ownership is 6.73%. The most recent insider transaction that took place on Feb 07 ’25, was worth 72,273,255. In this transaction Chief Executive Officer of this company sold 9,636,434 shares at a rate of $7.50, taking the stock ownership to the 0 shares. Before that another transaction happened on Feb 07 ’25, when Company’s Chief Executive Officer sold 354,849 for $7.50, making the entire transaction worth $2,661,368. This insider now owns 522,927 shares in total.
Rumble Inc (RUM) Performance Highlights and Predictions
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 -6.90% 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 74.68.
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 -0.29 in one year’s time.
Technical Analysis of Rumble Inc (RUM)
Rumble Inc (NASDAQ: RUM) saw its 5-day average volume 2.65 million, a negative change from its year-to-date volume of 4.12 million. As of the previous 9 days, the stock’s Stochastic %D was 15.20%. Additionally, its Average True Range was 0.99.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 43.95%, which indicates a significant increase from 1.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.24% in the past 14 days, which was lower than the 132.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.51, while its 200-day Moving Average is $7.42. Nevertheless, the first resistance level for the watch stands at $11.05 in the near term. At $11.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.90. If the price goes on to break the first support level at $10.20, it is likely to go to the next support level at $9.91. Assuming the price breaks the second support level, the third support level stands at $9.35.
Rumble Inc (NASDAQ: RUM) Key Stats
Market capitalization of the company is 6.40 billion based on 389,761K outstanding shares. Right now, sales total 80,960 K and income totals -116,420 K. The company made 25,060 K in profit during its latest quarter, and -31,540 K in sales during its previous quarter.
