Rumble Inc (NASDAQ: RUM) on Tuesday, soared 6.10% from the previous trading day, before settling in for the closing price of $5.25. Within the past 52 weeks, RUM’s price has moved between $5.11 and $17.40.
The company achieved an average annual earnings per share of 84.04%. With a float of $110.36 million, this company’s outstanding shares have now reached $215.38 million.
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 67.45%, while institutional ownership is 13.33%. 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
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -1.15 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.12) by -1.03.
According to the Wall Street analysts, stocks earnings will be around 84.04% 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 6.04 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 23.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.34, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.11 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 4.02 million. That was better than the volume of 3.08 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 16.07%.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 7.90%, which indicates a significant decrease from 25.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.38 in the past 14 days, which was lower than the 0.40 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.09, while its 200-day Moving Average is $8.32. However, in the short run, Rumble Inc’s stock first resistance to watch stands at $5.80. Second resistance stands at $6.03. The third major resistance level sits at $6.35. If the price goes on to break the first support level at $5.26, it is likely to go to the next support level at $4.94. The third support level lies at $4.71 if the price breaches the second support level.
Rumble Inc (NASDAQ: RUM) Key Stats
Market capitalization of the company is 2.42 billion based on 434,669K outstanding shares. Right now, sales total 95,490 K and income totals -338,360 K. The company made 24,760 K in profit during its latest quarter, and -16,260 K in sales during its previous quarter.
