A new trading day began on Tuesday, with Rumble Inc (NASDAQ: RUM) stock price up 5.88% from the previous day of trading, before settling in for the closing price of $7.14. RUM’s price has ranged from $4.92 to $17.40 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 109.89%. 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.
The extent of productivity of a business whose workforce counts for 135 workers is very important to gauge. 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 9.95%. 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 34.38.
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)
The latest stats from [Rumble Inc, RUM] show that its last 5-days average volume of 1.54 million was inferior to 3.22 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 35.59%. Additionally, its Average True Range was 0.61.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 8.89%, which indicates a significant decrease from 59.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.52% in the past 14 days, which was lower than the 133.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.56, while its 200-day Moving Average is $7.77. Now, the first resistance to watch is $7.73. This is followed by the second major resistance level at $7.89. The third major resistance level sits at $8.19. If the price goes on to break the first support level at $7.27, it is likely to go to the next support level at $6.97. The third support level lies at $6.81 if the price breaches the second support level.
Rumble Inc (NASDAQ: RUM) Key Stats
With a market capitalization of 3.28 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.
