On Monday Rumble Inc (NASDAQ: RUM) opened lower -9.33% from the last session, before settling in for the closing price of $6.86. Price fluctuations for RUM have ranged from $5.25 to $17.40 over the past 52 weeks.
Company’s average yearly earnings per share was noted 85.94% at the time writing. With a float of $148.44 million, this company’s outstanding shares have now reached $215.17 million.
Rumble Inc (RUM) Breakdown of a Key Holders of the stock
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 56.20%, while institutional ownership is 13.17%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.15 earnings per share (EPS) for the quarter, coming under the agreed prediction (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
Check out the current performance indicators for Rumble Inc (RUM). In the past quarter, the stock posted a quick ratio of 7.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 25.98.
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)
Looking closely at Rumble Inc (NASDAQ: RUM), its last 5-days average volume was 3.01 million, which is a drop from its year-to-date volume of 3.01 million. As of the previous 9 days, the stock’s Stochastic %D was 13.60%.
During the past 100 days, Rumble Inc’s (RUM) raw stochastic average was set at 0.42%, which indicates a significant decrease from 0.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.34 in the past 14 days, which was lower than the 0.41 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.41, while its 200-day Moving Average is $8.69. However, in the short run, Rumble Inc’s stock first resistance to watch stands at $6.62. Second resistance stands at $7.02. The third major resistance level sits at $7.23. If the price goes on to break the first support level at $6.01, it is likely to go to the next support level at $5.80. Now, if the price goes above the second support level, the third support stands at $5.40.
Rumble Inc (NASDAQ: RUM) Key Stats
There are currently 434,669K shares outstanding in the company with a market cap of 2.70 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 25,080 K and its income totaled -30,220 K.
