On Tuesday, Rumble Inc (NASDAQ: RUM) opened lower -2.06% from the last session, before settling in for the closing price of $7.78. Price fluctuations for RUM have ranged from $4.92 to $17.40 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 109.89% over the past five years. Company’s average yearly earnings per share was noted 81.12% at the time writing. With a float of $134.51 million, this company’s outstanding shares have now reached $338.63 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 Updates
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Rumble Inc is 60.28%, while institutional ownership is 10.60%. 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
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
Check out the current performance indicators for Rumble Inc (RUM). In the past quarter, the stock posted a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 34.67.
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 1.27 million, a negative change from its year-to-date volume of 3.0 million. As of the previous 9 days, the stock’s Stochastic %D was 44.44%. Additionally, its Average True Range was 0.48.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 9.02%, which indicates a significant decrease from 50.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.97% in the past 14 days, which was lower than the 128.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.92, while its 200-day Moving Average is $7.85. Nevertheless, the first resistance level for the watch stands at $7.72 in the near term. At $7.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.89. If the price goes on to break the first support level at $7.54, it is likely to go to the next support level at $7.46. Assuming the price breaks the second support level, the third support level stands at $7.37.
Rumble Inc (NASDAQ: RUM) Key Stats
There are currently 434,299K shares outstanding in the company with a market cap of 3.31 billion. Presently, the company’s annual sales total 95,490 K according to its annual income of -338,360 K. Last quarter, the company’s sales amounted to 30,230 K and its income totaled -236,750 K.
