A new trading day began on Friday, with Rumble Inc (NASDAQ: RUM) stock price up 19.54% from the previous day of trading, before settling in for the closing price of $7.78. RUM’s price has ranged from $4.92 to $17.40 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 109.89%. Meanwhile, its annual earnings per share averaged 83.73%. With a float of $134.51 million, this company’s outstanding shares have now reached $214.82 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) Breakdown of a Key Holders of the stock
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 60.28%, while institutional ownership is 10.62%. 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) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 83.73% 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 9.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 31.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.45, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.18 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 3.15 million, which is a jump from its year-to-date volume of 3.05 million. As of the previous 9 days, the stock’s Stochastic %D was 42.59%. Additionally, its Average True Range was 0.61.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 24.65%, which indicates a significant decrease from 68.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.03% in the past 14 days, which was lower than the 131.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.85, while its 200-day Moving Average is $7.87. However, in the short run, Rumble Inc’s stock first resistance to watch stands at $10.43. Second resistance stands at $11.57. The third major resistance level sits at $12.84. If the price goes on to break the first support level at $8.02, it is likely to go to the next support level at $6.75. Now, if the price goes above the second support level, the third support stands at $5.61.
Rumble Inc (NASDAQ: RUM) Key Stats
With a market capitalization of 3.15 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.
