As of close of business last night, Rumble Inc’s stock clocked out at $6.43, down -3.60% from its previous closing price of $6.67. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 2677173 shares were traded.
Ratios:
To gain a deeper understanding of RUM’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 03 ’24 when Arsov Robert sold 40,000 shares for $6.98 per share. The transaction valued at 279,188 led to the insider holds 15,383,914 shares of the business.
Arsov Robert sold 40,000 shares of RUM for $288,500 on Apr 02 ’24. The Director now owns 15,423,914 shares after completing the transaction at $7.21 per share. On Apr 01 ’24, another insider, Alexandroff Brandon, who serves as the Chief Financial Officer of the company, sold 900,000 shares for $7.00 each. As a result, the insider received 6,300,000 and left with 31,776 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 1.80B and an Enterprise Value of 1.59B. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.07 while its Price-to-Book (P/B) ratio in mrq is 7.16. Its current Enterprise Value per Revenue stands at 19.60 whereas that against EBITDA is -12.14.
Stock Price History:
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 7.19, while the 200-Day Moving Average is calculated to be 6.39.
Shares Statistics:
It appears that RUM traded 6.93M shares on average per day over the past three months and 4.64M shares per day over the past ten days. A total of 114.93M shares are outstanding, with a floating share count of 64.23M. Insiders hold about 76.90% of the company’s shares, while institutions hold 8.94% stake in the company. Shares short for RUM as of Mar 15, 2024 were 14.7M with a Short Ratio of 2.12, compared to 14.64M on Feb 15, 2024.
Earnings Estimates
As of right now, 1 analysts gave their recommendation on the stock of the company. 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
In the current quarter, 1 analysts expect revenue to total $18.27M. 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.
