Rumble Inc (RUM) Moving Averages: 50-Day and 200-Day

The price of Rumble Inc (NASDAQ: RUM) closed at $6.68 in the last session, down -0.89% from day before closing price of $6.74. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 1067908 shares were traded.

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 6.47 and its Current Ratio is at 6.47. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 Dec 07 ’23 when Milnes Ryan sold 1,100,000 shares for $4.35 per share. The transaction valued at 4,785,220 led to the insider holds 36,491 shares of the business.

Milnes Ryan sold 1,100,000 shares of RUM for $5,115,990 on Nov 27 ’23. The Director now owns 36,491 shares after completing the transaction at $4.65 per share.

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 1.89B and an Enterprise Value of 1.62B. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.24 while its Price-to-Book (P/B) ratio in mrq is 6.80. Its current Enterprise Value per Revenue stands at 20.17 whereas that against EBITDA is -18.01.

Stock Price History:

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 6.00, while the 200-Day Moving Average is calculated to be 6.60.

Shares Statistics:

According to the various share statistics, RUM traded on average about 5.98M shares per day over the past 3-months and 2.45M shares per day over the past 10 days. A total of 111.47M shares are outstanding, with a floating share count of 64.19M. Insiders hold about 77.09% of the company’s shares, while institutions hold 8.83% stake in the company. Shares short for RUM as of Feb 15, 2024 were 17.12M with a Short Ratio of 2.45, compared to 10.04M on Jan 12, 2024.

Earnings Estimates

The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.22 for the current quarter, with a high estimate of -$0.22 and a low estimate of -$0.22, while EPS last year was $0. 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 -$0.67 and -$0.67 for the fiscal current year, implying an average EPS of -$0.67. EPS for the following year is -$0.58, with 1 analysts recommending between -$0.58 and -$0.58.

Revenue Estimates

According to 1 analysts, the current quarter’s revenue is expected to be $28.13M. It ranges from a high estimate of $28.13M to a low estimate of $28.13M. As of the current estimate, Rumble Inc’s year-ago sales were $19.96M, an estimated increase of 41.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $22.47M, an increase of 27.60% less than the figure of $41.00% in the same quarter last year. There is a high estimate of $22.47M for the next quarter, whereas the lowest estimate is $22.47M.

A total of 1 analysts have provided revenue estimates for RUM’s current fiscal year. The highest revenue estimate was $88.7M, while the lowest revenue estimate was $88.7M, resulting in an average revenue estimate of $88.7M. In the same quarter a year ago, actual revenue was $39.38M, up 125.20% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $183.19M in the next fiscal year. The high estimate is $183.19M and the low estimate is $183.19M. The average revenue growth estimate for next year is up 106.50% from the average revenue estimate for this year.

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