On Tuesday, Rumble Inc (NASDAQ: RUM) was 8.91% up from the session before settling in for the closing price of $7.07. A 52-week range for RUM has been $4.92 – $17.40.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 109.89%. When this article was written, the company’s average yearly earnings per share was at 81.53%. With a float of $134.61 million, this company’s outstanding shares have now reached $338.51 million.
Let’s determine the extent of company efficiency that accounts for 135 employees. In terms of profitability, gross margin is -45.02%, operating margin of -137.04%, and the pretax margin is -356.45%.
Rumble Inc (RUM) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Rumble Inc stocks. The insider ownership of Rumble Inc is 60.23%, while institutional ownership is 9.96%. 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) 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 81.53% 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 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 35.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.65, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.19 in one year’s time.
Technical Analysis of Rumble Inc (RUM)
Looking closely at Rumble Inc (NASDAQ: RUM), its last 5-days average volume was 2.63 million, which is a drop from its year-to-date volume of 3.49 million. As of the previous 9 days, the stock’s Stochastic %D was 29.43%. Additionally, its Average True Range was 0.63.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 20.16%, which indicates a significant decrease from 57.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.74% in the past 14 days, which was lower than the 134.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.02, while its 200-day Moving Average is $7.63. However, in the short run, Rumble Inc’s stock first resistance to watch stands at $7.94. Second resistance stands at $8.17. The third major resistance level sits at $8.63. If the price goes on to break the first support level at $7.24, it is likely to go to the next support level at $6.78. Should the price break the second support level, the third support level stands at $6.55.
Rumble Inc (NASDAQ: RUM) Key Stats
There are 389,761K outstanding shares of the company, which has a market capitalization of 3.34 billion. As of now, sales total 95,490 K while income totals -338,360 K. Its latest quarter income was 30,230 K while its last quarter net income were -236,750 K.
