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The price of Rumble Inc (NASDAQ: RUM) closed at $5.61 in the last session, down -5.08% from day before closing price of $5.91. In other words, the price has decreased by -$5.08 from its previous closing price. On the day, 2.8 million shares were traded. RUM stock price reached its highest trading level at $5.89 during the session, while it also had its lowest trading level at $5.555.
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, Wedbush on July 17, 2024, initiated with a Neutral rating and assigned the stock a 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 Nov 06 ’24 when Arsov Robert sold 30,000 shares for $5.93 per share. The transaction valued at 178,025 led to the insider holds 12,517,337 shares of the business.
Arsov Robert sold 30,000 shares of RUM for $176,725 on Nov 05 ’24. The Director now owns 12,547,337 shares after completing the transaction at $5.89 per share. On Nov 01 ’24, another insider, Arsov Robert, who serves as the Director of the company, sold 27,500 shares for $5.83 each. As a result, the insider received 160,325 and left with 12,604,837 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 1591758976 and an Enterprise Value of 1590252160. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.22 while its Price-to-Book (P/B) ratio in mrq is 9.58. Its current Enterprise Value per Revenue stands at 20.238 whereas that against EBITDA is -11.209.
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 -0.41%, while the 200-Day Moving Average is calculated to be -11.39%.
Shares Statistics:
According to the various share statistics, RUM traded on average about 1.79M shares per day over the past 3-months and 4053120 shares per day over the past 10 days. A total of 114.93M shares are outstanding, with a floating share count of 74.21M. Insiders hold about 73.85% of the company’s shares, while institutions hold 9.16% stake in the company. Shares short for RUM as of 1730332800 were 14679216 with a Short Ratio of 8.45, compared to 1727654400 on 14701795.
