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Rumble Inc (NASDAQ: RUM) closed the day trading at $5.77 down -0.52% from the previous closing price of $5.80. In other words, the price has decreased by -$0.52 from its previous closing price. On the day, 1.64 million shares were traded. RUM stock price reached its highest trading level at $5.8 during the session, while it also had its lowest trading level at $5.59.
Ratios:
For a better understanding of RUM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.56 and its Current Ratio is at 4.56. 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, Wedbush on July 17, 2024, initiated with a Neutral rating and assigned the stock a target price of $8.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 04 ’24 when Arsov Robert bought 172,488 shares for $5.29 per share.
Arsov Robert sold 27,500 shares of RUM for $144,100 on Oct 01 ’24. The Director now owns 12,714,837 shares after completing the transaction at $5.24 per share. On Oct 02 ’24, another insider, Arsov Robert, who serves as the Director of the company, sold 27,500 shares for $5.20 each. As a result, the insider received 143,000 and left with 12,687,337 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 1636798848 and an Enterprise Value of 1482624384. For the stock, the TTM Price-to-Sale (P/S) ratio is 28.40 while its Price-to-Book (P/B) ratio in mrq is 8.48. Its current Enterprise Value per Revenue stands at 18.868 whereas that against EBITDA is -10.45.
Stock Price History:
Over the past 52 weeks, RUM has reached a high of $9.20, while it has fallen to a 52-week low of $3.33. The 50-Day Moving Average of the stock is 4.08%, while the 200-Day Moving Average is calculated to be -8.83%.
Shares Statistics:
Over the past 3-months, RUM traded about 1.39M shares per day on average, while over the past 10 days, RUM traded about 3369410 shares per day. A total of 114.93M shares are outstanding, with a floating share count of 73.89M. Insiders hold about 73.95% of the company’s shares, while institutions hold 9.17% stake in the company. Shares short for RUM as of 1728950400 were 14679216 with a Short Ratio of 10.54, compared to 1726185600 on 13775423.
