Rumble Inc (NASDAQ: RUM) kicked off on Tuesday, up 0.57% from the previous trading day, before settling in for the closing price of $8.77. Over the past 52 weeks, RUM has traded in a range of $4.92-$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
While this was happening, its average annual earnings per share was recorded 89.76%. With a float of $134.51 million, this company’s outstanding shares have now reached $214.82 million.
In an organization with 135 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -34.71%, operating margin of -130.33%, and the pretax margin is -295.38%.
Rumble Inc (RUM) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Internet Content & Information Industry. The insider ownership of Rumble Inc is 60.28%, while institutional ownership is 10.80%. 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) Performance Highlights and Predictions
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 89.76% per share during the next fiscal year.
Rumble Inc (NASDAQ: RUM) Trading Performance Indicators
Take a look at Rumble Inc’s (RUM) current performance indicators. Last quarter, 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 37.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.45, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.08 in one year’s time.
Technical Analysis of Rumble Inc (RUM)
Let’s dig in a bit further. During the last 5-days, its volume was 1.49 million. That was inferior than the volume of 2.92 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.05%. Additionally, its Average True Range was 0.50.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 28.78%, which indicates a significant increase from 9.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.16% in the past 14 days, which was lower than the 79.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.31, while its 200-day Moving Average is $8.15. However, in the short run, Rumble Inc’s stock first resistance to watch stands at $8.96. Second resistance stands at $9.10. The third major resistance level sits at $9.22. If the price goes on to break the first support level at $8.69, it is likely to go to the next support level at $8.57. Assuming the price breaks the second support level, the third support level stands at $8.43.
Rumble Inc (NASDAQ: RUM) Key Stats
The company with the Market Capitalisation of 3.83 billion has total of 434,299K Shares Outstanding. Its annual sales at the moment are 95,490 K in contrast with the sum of -338,360 K annual income. Company’s last quarter sales were recorded 23,710 K and last quarter income was -2,650 K.
