Rumble Inc (RUM) concluded trading on Wednesday at a closing price of $11.65, with 4.93 million shares of worth about $57.49 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 106.93% during that period and on January 08, 2025 the price saw a loss of about -12.27%. Currently the company’s common shares owned by public are about 118.50M shares, out of which, 74.09M shares are available for trading.
Stock saw a price change of -10.45% in past 5 days and over the past one month there was a price change of 38.53%. Year-to-date (YTD), RUM shares are showing a performance of -10.45% which increased to 169.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.33 but also hit the highest price of $17.40 during that period. The average intraday trading volume for Rumble Inc shares is 6.42 million. The stock is currently trading 5.93% above its 20-day simple moving average (SMA20), while that difference is up 40.33% for SMA50 and it goes to 74.53% higher than SMA200.
Rumble Inc (NASDAQ: RUM) currently have 118.50M outstanding shares and institutions hold larger chunk of about 9.15% of that.
The stock has a current market capitalization of $4.54B and its 3Y-monthly beta is at 0.52. It has posted earnings per share of -$0.64 in the same period. It has Quick Ratio of 3.94 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RUM, volatility over the week remained 10.28% while standing at 13.63% over the month.
Stock’s fiscal year EPS is expected to drop by -7.76% while it is estimated to increase by 44.80% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wedbush on July 17, 2024 offering a Neutral rating for the stock and assigned a target price of $8 to it.
