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The closing price of Rumble Inc (NASDAQ: RUM) was $6.23 for the day, down -0.95% from the previous closing price of $6.29. In other words, the price has decreased by -$0.95 from its previous closing price. On the day, 1.17 million shares were traded. RUM stock price reached its highest trading level at $6.3199 during the session, while it also had its lowest trading level at $5.98.
Ratios:
Our analysis of RUM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 6.97 and its Current Ratio is at 6.97. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 08 ’24 when Sacks David O sold 133,896 shares for $6.45 per share. The transaction valued at 864,017 led to the insider holds 3,390 shares of the business.
Sacks David O sold 383,362 shares of RUM for $2,474,602 on Apr 05 ’24. The Director now owns 4,692 shares after completing the transaction at $6.46 per share. On Apr 05 ’24, another insider, Arsov Robert, who serves as the Director of the company, sold 35,000 shares for $6.46 each. As a result, the insider received 226,038 and left with 15,313,914 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RUM now has a Market Capitalization of 1746144384 and an Enterprise Value of 1529279104. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.57 while its Price-to-Book (P/B) ratio in mrq is 6.94. Its current Enterprise Value per Revenue stands at 18.889 whereas that against EBITDA is -11.632.
Stock Price History:
The Beta on a monthly basis for RUM is 0.96, which has changed by -0.3228261 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, RUM has reached a high of $11.25, while it has fallen to a 52-week low of $3.33. The 50-Day Moving Average of the stock is -12.96%, while the 200-Day Moving Average is calculated to be -0.74%.
Shares Statistics:
RUM traded an average of 6.75M shares per day over the past three months and 1338310 shares per day over the past ten days. A total of 114.93M shares are outstanding, with a floating share count of 65.58M. Insiders hold about 76.60% of the company’s shares, while institutions hold 8.61% stake in the company. Shares short for RUM as of 1711584000 were 14579041 with a Short Ratio of 2.16, compared to 1709164800 on 13908957.
Earnings Estimates
The stock of Rumble Inc (RUM) is currently in the spotlight, with 1 analysts actively rating and assessing its market standing.On average, analysts expect EPS of -$0.19 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.19, while EPS last year was -$0.14. The consensus estimate for the next quarter is -$0.16, with high estimates of -$0.16 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.64 and -$0.64 for the fiscal current year, implying an average EPS of -$0.64. EPS for the following year is -$0.25, with 1 analysts recommending between -$0.25 and -$0.25.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $18.27M to a low estimate of $18.27M. As of the current estimate, Rumble Inc’s year-ago sales were $17.61M, an estimated increase of 3.70% from the year-ago figure.
A total of 1 analysts have provided revenue estimates for RUM’s current fiscal year. The highest revenue estimate was $102.63M, while the lowest revenue estimate was $102.63M, resulting in an average revenue estimate of $102.63M. In the same quarter a year ago, actual revenue was $80.96M, up 26.80% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $111.24M in the next fiscal year. The high estimate is $111.24M and the low estimate is $111.24M. The average revenue growth estimate for next year is up 8.40% from the average revenue estimate for this year.
