For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Rumble Inc’s stock clocked out at $10.96, down -5.92% from its previous closing price of $11.65. In other words, the price has decreased by -$5.92 from its previous closing price. On the day, 3.74 million shares were traded. RUM stock price reached its highest trading level at $11.62 during the session, while it also had its lowest trading level at $10.86.
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 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:
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 Dec 02 ’24 when Arsov Robert sold 29,988 shares for $6.90 per share. The transaction valued at 206,942 led to the insider holds 12,487,349 shares of the business.
Arsov Robert sold 30,000 shares of RUM for $178,025 on Nov 06 ’24. The Director now owns 12,517,337 shares after completing the transaction at $5.93 per share. On Nov 05 ’24, another insider, Arsov Robert, who serves as the Director of the company, sold 30,000 shares for $5.89 each. As a result, the insider received 176,725 and left with 12,547,337 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 3112497664 and an Enterprise Value of 1590252160. For the stock, the TTM Price-to-Sale (P/S) ratio is 71.01 while its Price-to-Book (P/B) ratio in mrq is 18.71. Its current Enterprise Value per Revenue stands at 20.238 whereas that against EBITDA is -11.209.
Stock Price History:
The Beta on a monthly basis for RUM is 0.53, which has changed by 1.7959185 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, RUM has reached a high of $17.40, while it has fallen to a 52-week low of $3.33. The 50-Day Moving Average of the stock is 30.61%, while the 200-Day Moving Average is calculated to be 63.76%.
Shares Statistics:
It appears that RUM traded 6.48M shares on average per day over the past three months and 10238740 shares per day over the past ten days. A total of 118.50M shares are outstanding, with a floating share count of 74.09M. Insiders hold about 73.91% of the company’s shares, while institutions hold 9.15% stake in the company. Shares short for RUM as of 1730332800 were 14679216 with a Short Ratio of 1.70, compared to 1727654400 on 14701795.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $30.4M. It ranges from a high estimate of $32.6M to a low estimate of $28.21M. As of the current estimate, Rumble Inc’s year-ago sales were $20.39MFor the next quarter, 2 analysts are estimating revenue of $24.38M. There is a high estimate of $30.2M for the next quarter, whereas the lowest estimate is $18.56M.
A total of 2 analysts have provided revenue estimates for RUM’s current fiscal year. The highest revenue estimate was $97.9M, while the lowest revenue estimate was $93.47M, resulting in an average revenue estimate of $95.68M. In the same quarter a year ago, actual revenue was $80.96MBased on 2 analysts’ estimates, the company’s revenue will be $113.38M in the next fiscal year. The high estimate is $121.1M and the low estimate is $105.66M.
