In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Rumble Inc (NASDAQ: RUM) closed at $5.61 in the last session, down -1.75% from day before closing price of $5.71. In other words, the price has decreased by -$1.75 from its previous closing price. On the day, 1.19 million shares were traded. RUM stock price reached its highest trading level at $5.69 during the session, while it also had its lowest trading level at $5.4801.
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 4.56 and its Current Ratio is at 4.56. 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 Oct 04 ’24 when Arsov Robert bought 172,488 shares for $5.29 per share.
Arsov Robert sold 27,500 shares of RUM for $144,100 on Oct 01 ’24. The Director now owns 12,714,837 shares after completing the transaction at $5.24 per share. On Oct 02 ’24, another insider, Arsov Robert, who serves as the Director of the company, sold 27,500 shares for $5.20 each. As a result, the insider received 143,000 and left with 12,687,337 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 1588925952 and an Enterprise Value of 1465630592. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.22 while its Price-to-Book (P/B) ratio in mrq is 8.25. Its current Enterprise Value per Revenue stands at 18.652 whereas that against EBITDA is -10.331.
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 0.29%, while the 200-Day Moving Average is calculated to be -9.91%.
Shares Statistics:
According to the various share statistics, RUM traded on average about 1.04M shares per day over the past 3-months and 1781370 shares per day over the past 10 days. A total of 114.93M shares are outstanding, with a floating share count of 73.61M. Insiders hold about 74.01% of the company’s shares, while institutions hold 9.17% stake in the company. Shares short for RUM as of 1727654400 were 14701795 with a Short Ratio of 14.08, compared to 1724976000 on 13972337.
