For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Rumble Inc (NASDAQ: RUM) closed the day trading at $6.70 down -5.10% from the previous closing price of $7.06. In other words, the price has decreased by -$5.10 from its previous closing price. On the day, 1.56 million shares were traded. RUM stock price reached its highest trading level at $7.03 during the session, while it also had its lowest trading level at $6.515.
Ratios:
For a better understanding of RUM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.97 and its Current Ratio is at 6.97. 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 Apr 08 ’24 when Sacks David O sold 133,896 shares for $6.45 per share. The transaction valued at 864,017 led to the insider holds 3,390 shares of the business.
Sacks David O sold 383,362 shares of RUM for $2,474,602 on Apr 05 ’24. The Director now owns 4,692 shares after completing the transaction at $6.46 per share. On Apr 05 ’24, another insider, Arsov Robert, who serves as the Director of the company, sold 35,000 shares for $6.46 each. As a result, the insider received 226,038 and left with 15,313,914 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 1877875968 and an Enterprise Value of 1661010816. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.32 while its Price-to-Book (P/B) ratio in mrq is 7.46. Its current Enterprise Value per Revenue stands at 20.516 whereas that against EBITDA is -12.634.
Stock Price History:
The Beta on a monthly basis for RUM is 0.88, which has changed by -0.2454955 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, RUM has reached a high of $11.25, while it has fallen to a 52-week low of $3.33. The 50-Day Moving Average of the stock is -4.25%, while the 200-Day Moving Average is calculated to be 8.11%.
Shares Statistics:
Over the past 3-months, RUM traded about 3.82M shares per day on average, while over the past 10 days, RUM traded about 1011960 shares per day. A total of 114.93M shares are outstanding, with a floating share count of 66.44M. Insiders hold about 76.42% of the company’s shares, while institutions hold 8.60% stake in the company. Shares short for RUM as of 1713139200 were 12502422 with a Short Ratio of 3.27, compared to 1710460800 on 14695497.
Earnings Estimates
The market rating for Rumble Inc (RUM) is a result of the insights provided by 1.0 analysts actively involved in the assessment.On average, analysts expect EPS of -$0.19 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.19, while EPS last year was -$0.14. The consensus estimate for the next quarter is -$0.16, with high estimates of -$0.16 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.64 and -$0.64 for the fiscal current year, implying an average EPS of -$0.64. EPS for the following year is -$0.25, with 1.0 analysts recommending between -$0.25 and -$0.25.
Revenue Estimates
1 analysts predict $18.27M in revenue for the current quarter. It ranges from a high estimate of $18.27M to a low estimate of $18.27M. As of the current estimate, Rumble Inc’s year-ago sales were $17.61MFor the next quarter, 1 analysts are estimating revenue of $25.65M. There is a high estimate of $25.65M for the next quarter, whereas the lowest estimate is $25.65M.
A total of 1 analysts have provided revenue estimates for RUM’s current fiscal year. The highest revenue estimate was $102.63M, while the lowest revenue estimate was $102.63M, resulting in an average revenue estimate of $102.63M. In the same quarter a year ago, actual revenue was $80.96MBased on 1 analysts’ estimates, the company’s revenue will be $111.24M in the next fiscal year. The high estimate is $111.24M and the low estimate is $111.24M.
