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After finishing at $11.30 in the prior trading day, Rumble Inc (NASDAQ: RUM) closed at $11.52, up 1.95%. In other words, the price has increased by $1.95 from its previous closing price. On the day, 2.61 million shares were traded. RUM stock price reached its highest trading level at $11.96 during the session, while it also had its lowest trading level at $11.46.
Ratios:
Our goal is to gain a better understanding of RUM by taking a closer look at 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, Maxim Group on January 15, 2025, initiated with a Buy rating and assigned the stock a target price of $20.
On July 17, 2024, Wedbush started tracking the stock assigning a Neutral rating and target price of $8.
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 Feb 07 ’25 when Pavlovski Christopher sold 9,636,434 shares for $7.50 per share. The transaction valued at 72,273,255 led to the insider holds 0 shares of the business.
Pavlovski Christopher sold 354,849 shares of RUM for $2,661,368 on Feb 07 ’25. The Chief Executive Officer now owns 522,927 shares after completing the transaction at $7.50 per share. On Feb 07 ’25, another insider, Milnes Ryan, who serves as the Director of the company, sold 24,978,210 shares for $7.50 each. As a result, the insider received 187,336,575 and left with 0 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 3655537920 and an Enterprise Value of 3138725632. For the stock, the TTM Price-to-Sale (P/S) ratio is 67.71 while its Price-to-Book (P/B) ratio in mrq is 19.67. Its current Enterprise Value per Revenue stands at 36.645 whereas that against EBITDA is -23.813.
Stock Price History:
The Beta on a monthly basis for RUM is 0.50, which has changed by 0.6340425 over the last 52 weeks, in comparison to a change of 0.22894537 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 $4.92. The 50-Day Moving Average of the stock is 2.72%, while the 200-Day Moving Average is calculated to be 56.99%.
Shares Statistics:
The stock has traded on average 6.96M shares per day over the past 3-months and 3522310 shares per day over the last 10 days, according to various share statistics. A total of 503.39M shares are outstanding, with a floating share count of 310.86M. Insiders hold about 38.96% of the company’s shares, while institutions hold 6.74% stake in the company. Shares short for RUM as of 1738281600 were 11052139 with a Short Ratio of 1.36, compared to 1735603200 on 10993605.
