In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of Rumble Inc (NASDAQ: RUM) closed at $8.77 in the last session, down -2.66% from day before closing price of $9.01. In other words, the price has decreased by -$2.66 from its previous closing price. On the day, 1.46 million shares were traded.
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 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:
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 37.55 while its Price-to-Book (P/B) ratio in mrq is 8.74.
Stock Price History:
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 5.79%, while the 200-Day Moving Average is calculated to be 7.75%.
Shares Statistics:
A total of 214.82M shares are outstanding, with a floating share count of 134.51M. Insiders hold about 60.28% of the company’s shares, while institutions hold 10.80% stake in the company.
