The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
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 closing price of Rumble Inc (NASDAQ: RUM) was $7.11 for the day, up 3.34% from the previous closing price of $6.88. In other words, the price has increased by $3.34 from its previous closing price. On the day, 2.58 million shares were traded. RUM stock price reached its highest trading level at $7.15 during the session, while it also had its lowest trading level at $6.71.
Ratios:
Our analysis of RUM’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2017362944 and an Enterprise Value of 1590252160. For the stock, the TTM Price-to-Sale (P/S) ratio is 32.33 while its Price-to-Book (P/B) ratio in mrq is 12.14. 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 20.35%, while the 200-Day Moving Average is calculated to be 13.15%.
Shares Statistics:
RUM traded an average of 2.43M shares per day over the past three months and 4531810 shares per day over the past ten days. A total of 118.50M shares are outstanding, with a floating share count of 74.21M. Shares short for RUM as of 1730332800 were 14679216 with a Short Ratio of 6.27, compared to 1727654400 on 14701795.
