Rumble Inc (RUM) concluded trading on Thursday at a closing price of $12.25, with 7.49 million shares of worth about $91.79 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 75.88% during that period and on January 16, 2025 the price saw a gain of about 12.59%. Currently the company’s common shares owned by public are about 449.14M shares, out of which, 239.31M shares are available for trading.
Stock saw a price change of 5.15% in past 5 days and over the past one month there was a price change of 47.59%. Year-to-date (YTD), RUM shares are showing a performance of -5.84% which increased to 212.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.37 but also hit the highest price of $17.40 during that period. The average intraday trading volume for Rumble Inc shares is 6.67 million. The stock is currently trading 4.80% above its 20-day simple moving average (SMA20), while that difference is up 39.26% for SMA50 and it goes to 81.43% higher than SMA200.
Rumble Inc (NASDAQ: RUM) currently have 449.14M outstanding shares and institutions hold larger chunk of about 5.79% of that.
The stock has a current market capitalization of $6.80B 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 9.87% while standing at 14.35% over the month.
Analysts are in expectations that Rumble Inc (RUM) stock would likely to be making an EPS of 0 in the current quarter, while forecast for next quarter EPS is 0 and it is 0 for next year. For the current quarter EPS, analysts have given the company a lowest target 0 which is 0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -6.90% while it is estimated to increase by 53.23% 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 Maxim Group on January 15, 2025 offering a Buy rating for the stock and assigned a target price of $20 to it. Coverage by Wedbush stated Rumble Inc (RUM) stock as a Neutral in their note to investors on July 17, 2024, suggesting a price target of $8 for the stock.
