The closing price of Rumble Inc (NASDAQ: RUM) was $6.36 for the day, down -5.36% from the previous closing price of $6.72. On the day, 1316360 shares were traded.
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 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:
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 22.02 while its Price-to-Book (P/B) ratio in mrq is 7.08.
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.
Shares Statistics:
A total of 114.93M shares are outstanding, with a floating share count of 65.56M. Insiders hold about 76.61% of the company’s shares, while institutions hold 8.86% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by Rumble Inc. analysts. The consensus estimate for the next quarter is $11.64, with high estimates of $137.80 and low estimates of $312.59.
Analysts are recommending an EPS of between $Consumer Cyclical and $Healthcare for the fiscal current year, implying an average EPS of $Technology.
