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 $10.02 for the day, up 4.59% from the previous closing price of $9.58. In other words, the price has increased by $4.59 from its previous closing price. On the day, 3.95 million shares were traded. RUM stock price reached its highest trading level at $10.055 during the session, while it also had its lowest trading level at $9.46.
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 9.90 and its Current Ratio is at 9.90. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 Feb 07 ’25 when Pavlovski Christopher sold 9,636,434 shares for $7.50 per share. The transaction valued at 72,273,255 led to the insider holds 0 shares of the business.
Pavlovski Christopher sold 354,849 shares of RUM for $2,661,368 on Feb 07 ’25. The Chief Executive Officer now owns 522,927 shares after completing the transaction at $7.50 per share. On Feb 07 ’25, another insider, Milnes Ryan, who serves as the Director of the company, sold 24,978,210 shares for $7.50 each. As a result, the insider received 187,336,575 and left with 0 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 3393092864 and an Enterprise Value of 3093368320. For the stock, the TTM Price-to-Sale (P/S) ratio is 42.90 while its Price-to-Book (P/B) ratio in mrq is 9.99. Its current Enterprise Value per Revenue stands at 30.488 whereas that against EBITDA is -26.659.
Stock Price History:
The Beta on a monthly basis for RUM is 0.74, which has changed by 0.5227964 over the last 52 weeks, in comparison to a change of 0.17774606 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 8.28%, while the 200-Day Moving Average is calculated to be 14.53%.
Shares Statistics:
RUM traded an average of 2.68M shares per day over the past three months and 3295200 shares per day over the past ten days. A total of 214.82M shares are outstanding, with a floating share count of 148.27M. Insiders hold about 56.22% of the company’s shares, while institutions hold 10.85% stake in the company. Shares short for RUM as of 1751241600 were 18257612 with a Short Ratio of 6.82, compared to 1748563200 on 14224121.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
