Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $7.16 in the prior trading day, Rumble Inc (NASDAQ: RUM) closed at $7.14, down -0.35%. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 1.16 million shares were traded. RUM stock price reached its highest trading level at $7.1578 during the session, while it also had its lowest trading level at $6.9599.
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 0.63 and its Current Ratio is at 0.63.
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 2425408000 and an Enterprise Value of 2304725760. For the stock, the TTM Price-to-Sale (P/S) ratio is 32.47. Its current Enterprise Value per Revenue stands at 24.136 whereas that against EBITDA is -19.888.
Stock Price History:
The Beta on a monthly basis for RUM is 0.66, which has changed by 0.11041987 over the last 52 weeks, in comparison to a change of 0.017286062 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 -17.59%, while the 200-Day Moving Average is calculated to be -7.95%.
Shares Statistics:
The stock has traded on average 2.84M shares per day over the past 3-months and 1905520 shares per day over the last 10 days, according to various share statistics. A total of 338.51M shares are outstanding, with a floating share count of 134.43M. Insiders hold about 60.29% of the company’s shares, while institutions hold 9.95% stake in the company. Shares short for RUM as of 1743379200 were 14912489 with a Short Ratio of 5.25, compared to 1740700800 on 12402061.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
