Rumble Inc (NASDAQ: RUM) on Friday, plunged -1.94% from the previous trading day, before settling in for the closing price of $8.24. 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 Communication Services sector company grew by 109.89% over the past five years. The company achieved an average annual earnings per share of 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
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Rumble Inc is 60.29%, while institutional ownership is 9.94%. 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
Rumble Inc (RUM) is currently performing well based on its current performance indicators. A quick ratio of 0.63 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 36.75.
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 1.55 million, a negative change from its year-to-date volume of 3.16 million. As of the previous 9 days, the stock’s Stochastic %D was 87.99%. Additionally, its Average True Range was 0.57.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 13.30%, which indicates a significant decrease from 82.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.78% in the past 14 days, which was lower than the 132.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.36, while its 200-day Moving Average is $7.80. Nevertheless, the first resistance level for the watch stands at $8.27 in the near term. At $8.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.55. If the price goes on to break the first support level at $7.98, it is likely to go to the next support level at $7.88. The third support level lies at $7.70 if the price breaches the second support level.
Rumble Inc (NASDAQ: RUM) Key Stats
Market capitalization of the company is 3.51 billion based on 434,299K outstanding shares. Right now, sales total 95,490 K and income totals -338,360 K. The company made 30,230 K in profit during its latest quarter, and -236,750 K in sales during its previous quarter.
