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Rumble Inc (NASDAQ: RUM) closed the day trading at $5.44 up 4.21% from the previous closing price of $5.22. In other words, the price has increased by $4.21 from its previous closing price. On the day, 1.21 million shares were traded. RUM stock price reached its highest trading level at $5.5199 during the session, while it also had its lowest trading level at $5.22.
Ratios:
For a better understanding of RUM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.75 and its Current Ratio is at 6.75. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 06 ’24 when Arsov Robert sold 30,000 shares for $6.08 per share. The transaction valued at 182,400 led to the insider holds 15,053,902 shares of the business.
Arsov Robert sold 30,000 shares of RUM for $181,925 on Jun 05 ’24. The Director now owns 15,083,902 shares after completing the transaction at $6.06 per share. On Jun 04 ’24, another insider, Arsov Robert, who serves as the Director of the company, sold 30,000 shares for $5.99 each. As a result, the insider received 179,725 and left with 15,113,902 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 1534569472 and an Enterprise Value of 1353637504. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.93 while its Price-to-Book (P/B) ratio in mrq is 7.24. Its current Enterprise Value per Revenue stands at 16.695 whereas that against EBITDA is -9.685.
Stock Price History:
Over the past 52 weeks, RUM has reached a high of $9.33, while it has fallen to a 52-week low of $3.33. The 50-Day Moving Average of the stock is -15.91%, while the 200-Day Moving Average is calculated to be -8.39%.
Shares Statistics:
Over the past 3-months, RUM traded about 1.76M shares per day on average, while over the past 10 days, RUM traded about 1205740 shares per day. A total of 114.93M shares are outstanding, with a floating share count of 69.83M. Insiders hold about 75.25% of the company’s shares, while institutions hold 9.11% stake in the company. Shares short for RUM as of 1715731200 were 12030731 with a Short Ratio of 6.89, compared to 1713139200 on 12502422.
