Rumble Inc (RUM): A Great Stock For Handling Current Market Conditions?

Currently, there are 114.93M common shares owned by the public and among those 74.21M shares have been available to trade.

The company’s stock has a 5-day price change of -16.84% and -9.70% over the past three months. RUM shares are trading 26.50% year to date (YTD), with the 12-month market performance up to 12.25% higher. It has a 12-month low price of $3.33 and touched a high of $9.20 over the same period. RUM has an average intraday trading volume of 1.86 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.98%, 0.58%, and -10.09% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Rumble Inc (NASDAQ: RUM) shares accounts for 9.16% of the company’s 114.93M shares outstanding.

It has a market capitalization of $2.21B and a beta (3y monthly) value of 0.71. The earnings-per-share (ttm) stands at -$0.64. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.95% over the week and 9.09% over the month.

Analysts forecast that Rumble Inc (RUM) will achieve an EPS of -0.12 for the current quarter, -0.1 for the next quarter and -0.34 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.14 while analysts give the company a high EPS estimate of -0.14. Comparatively, EPS for the current quarter was -0.15 a year ago. Earnings per share for the fiscal year are expected to decrease by -7.76%, and 44.80% over the next financial year.

Looking at the support for the RUM, a number of firms have released research notes about the stock. Wedbush stated their Neutral rating for the stock in a research note on July 17, 2024, with the firm’s price target at $8.

Most Popular

Related Posts