Rumble Inc (NASDAQ: RUM) closed the day trading at $7.24 down -10.40% from the previous closing price of $8.08. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 7302093 shares were traded. RUM stock price reached its highest trading level at $7.98 during the session, while it also had its lowest trading level at $6.90.
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 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 2.03B and an Enterprise Value of 1.82B. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.85 while its Price-to-Book (P/B) ratio in mrq is 8.06. Its current Enterprise Value per Revenue stands at 22.45 whereas that against EBITDA is -13.91.
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 7.20, while the 200-Day Moving Average is calculated to be 6.33.
Shares Statistics:
Over the past 3-months, RUM traded about 6.76M shares per day on average, while over the past 10 days, RUM traded about 4.68M shares per day. A total of 114.93M shares are outstanding, with a floating share count of 64.19M. Insiders hold about 76.90% of the company’s shares, while institutions hold 8.94% stake in the company. Shares short for RUM as of Mar 15, 2024 were 14.7M with a Short Ratio of 2.17, compared to 14.64M on Feb 15, 2024.
Earnings Estimates
Current recommendations for the stock of the company come from 1 analysts. 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 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 $17.61M, an estimated increase of 3.70% from the year-ago figure.
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 $80.96M, up 26.80% from the average estimate. Based 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. The average revenue growth estimate for next year is up 8.40% from the average revenue estimate for this year.
