In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Rumble Inc (NASDAQ: RUM) closed at $8.11 in the last session, up 1.00% from day before closing price of $8.03. In other words, the price has increased by $1.00 from its previous closing price. On the day, 1.77 million shares were traded. RUM stock price reached its highest trading level at $8.32 during the session, while it also had its lowest trading level at $7.8543.
Ratios:
We take a closer look at RUM’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 2573473024 and an Enterprise Value of 2171187200. For the stock, the TTM Price-to-Sale (P/S) ratio is 57.68 while its Price-to-Book (P/B) ratio in mrq is 13.85. Its current Enterprise Value per Revenue stands at 25.349 whereas that against EBITDA is -16.472.
Stock Price History:
The Beta on a monthly basis for RUM is 0.64, which has changed by 0.0629096 over the last 52 weeks, in comparison to a change of 0.09589827 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 -26.14%, while the 200-Day Moving Average is calculated to be 7.47%.
Shares Statistics:
According to the various share statistics, RUM traded on average about 6.49M shares per day over the past 3-months and 2457470 shares per day over the past 10 days. A total of 503.39M shares are outstanding, with a floating share count of 203.62M. Insiders hold about 59.55% of the company’s shares, while institutions hold 6.70% stake in the company. Shares short for RUM as of 1740700800 were 9945838 with a Short Ratio of 1.91, compared to 1738281600 on 9438246.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
