A new trading day began on Tuesday, with Rumble Inc (NASDAQ: RUM) stock price down -3.10% from the previous day of trading, before settling in for the closing price of $7.41. RUM’s price has ranged from $4.92 to $17.40 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 109.89% over the past five years. Meanwhile, its annual earnings per share averaged 81.12%. With a float of $134.43 million, this company’s outstanding shares have now reached $338.51 million.
Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Rumble Inc is 60.29%, 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) 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 81.12% per share during the next fiscal year.
Rumble Inc (NASDAQ: RUM) Trading Performance Indicators
Here are Rumble Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 32.66.
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 -0.20 in one year’s time.
Technical Analysis of Rumble Inc (RUM)
Rumble Inc (NASDAQ: RUM) saw its 5-day average volume 2.03 million, a negative change from its year-to-date volume of 3.32 million. As of the previous 9 days, the stock’s Stochastic %D was 48.52%. Additionally, its Average True Range was 0.72.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 15.26%, which indicates a significant decrease from 34.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.53% in the past 14 days, which was lower than the 133.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.02, while its 200-day Moving Average is $7.73. Nevertheless, the first resistance level for the watch stands at $7.41 in the near term. At $7.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.80. If the price goes on to break the first support level at $7.02, it is likely to go to the next support level at $6.87. The third support level lies at $6.63 if the price breaches the second support level.
Rumble Inc (NASDAQ: RUM) Key Stats
With a market capitalization of 3.12 billion, the company has a total of 434,299K Shares Outstanding. Currently, annual sales are 95,490 K while annual income is -338,360 K. The company’s previous quarter sales were 30,230 K while its latest quarter income was -236,750 K.
