Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Rumble Inc (NASDAQ: RUM) was $12.35 for the day, down -9.26% from the previous closing price of $13.61. In other words, the price has decreased by -$9.26 from its previous closing price. On the day, 5.18 million shares were traded. RUM stock price reached its highest trading level at $13.2537 during the session, while it also had its lowest trading level at $11.73.
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 3.94 and its Current Ratio is at 3.94. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on January 15, 2025, initiated with a Buy rating and assigned the stock a target price of $20.
On July 17, 2024, Wedbush started tracking the stock assigning a Neutral rating and target price of $8.
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 Dec 02 ’24 when Arsov Robert sold 29,988 shares for $6.90 per share. The transaction valued at 206,942 led to the insider holds 12,487,349 shares of the business.
Arsov Robert sold 30,000 shares of RUM for $178,025 on Nov 06 ’24. The Director now owns 12,517,337 shares after completing the transaction at $5.93 per share. On Nov 05 ’24, another insider, Arsov Robert, who serves as the Director of the company, sold 30,000 shares for $5.89 each. As a result, the insider received 176,725 and left with 12,547,337 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 3507239680 and an Enterprise Value of 1590252160. For the stock, the TTM Price-to-Sale (P/S) ratio is 80.02 while its Price-to-Book (P/B) ratio in mrq is 21.09. Its current Enterprise Value per Revenue stands at 20.238 whereas that against EBITDA is -11.209.
Stock Price History:
The Beta on a monthly basis for RUM is 0.52, which has changed by 1.2348111 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, RUM has reached a high of $17.40, while it has fallen to a 52-week low of $4.92. The 50-Day Moving Average of the stock is 28.50%, while the 200-Day Moving Average is calculated to be 78.05%.
Shares Statistics:
RUM traded an average of 7.07M shares per day over the past three months and 5218210 shares per day over the past ten days. A total of 449.14M shares are outstanding, with a floating share count of 239.31M. Insiders hold about 46.72% of the company’s shares, while institutions hold 5.78% stake in the company. Shares short for RUM as of 1730332800 were 14679216 with a Short Ratio of 1.55, compared to 1727654400 on 14701795.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $32.6M to a low estimate of $28.21M. As of the current estimate, Rumble Inc’s year-ago sales were $20.39MFor the next quarter, 3 analysts are estimating revenue of $25.08M. There is a high estimate of $30.2M for the next quarter, whereas the lowest estimate is $18.56M.
A total of 3 analysts have provided revenue estimates for RUM’s current fiscal year. The highest revenue estimate was $97.9M, while the lowest revenue estimate was $93.47M, resulting in an average revenue estimate of $95.01M. In the same quarter a year ago, actual revenue was $80.96MBased on 3 analysts’ estimates, the company’s revenue will be $115.12M in the next fiscal year. The high estimate is $121.1M and the low estimate is $105.66M.