Rumble Inc (NASDAQ: RUM) kicked off on Friday, up 15.83% from the previous trading day, before settling in for the closing price of $7.39. Over the past 52 weeks, RUM has traded in a range of $5.09-$17.40.
While this was happening, its average annual earnings per share was recorded 85.94%. With a float of $148.44 million, this company’s outstanding shares have now reached $215.17 million.
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 56.20%, while institutional ownership is 13.13%. 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
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.15 earnings per share (EPS), lower than consensus estimate (set at -0.12) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 85.94% 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 7.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 35.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.43, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.16 in one year’s time.
Technical Analysis of Rumble Inc (RUM)
Rumble Inc (NASDAQ: RUM) saw its 5-day average volume 7.17 million, a positive change from its year-to-date volume of 3.0 million. As of the previous 9 days, the stock’s Stochastic %D was 55.34%.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 40.80%, which indicates a significant decrease from 81.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.33 in the past 14 days, which was lower than the 0.42 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.75, while its 200-day Moving Average is $9.12. Nevertheless, the first resistance level for the watch stands at $8.99 in the near term. At $9.42, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.89. If the price goes on to break the first support level at $8.09, it is likely to go to the next support level at $7.62. Assuming the price breaks the second support level, the third support level stands at $7.19.
Rumble Inc (NASDAQ: RUM) Key Stats
The company with the Market Capitalisation of 3.72 billion has total of 434,669K 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 25,080 K and last quarter income was -30,220 K.
