Rumble Inc [RUM] stock prices are down -0.37% to $5.36 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RUM shares have gain 6.14% over the last week, with a monthly amount drifted -3.94%, and not seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Rumble Inc [NASDAQ: RUM] stock has seen the most recent analyst activity on July 17, 2024, when Wedbush initiated its Neutral rating and assigned the stock a price target of $8.
The stock price of Rumble Inc [RUM] has been fluctuating between $3.33 and $9.20 over the past year. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Rumble Inc [NASDAQ: RUM] shares were valued at $5.36 at the most recent close of the market. An investor can expect a potential return of 179.85% based on the average RUM price forecast.
Analyzing the RUM fundamentals
The Rumble Inc [NASDAQ:RUM] reported sales of 78.58M for trailing twelve months, representing a drop of -10.03%. Gross Profit Margin for this corporation currently stands at -0.94% with Operating Profit Margin at -1.93%, Pretax Profit Margin comes in at -1.67%, and Net Profit Margin reading is -1.63%. To continue investigating profitability, this company’s Return on Assets is posted at -0.53, Equity is -0.55 and Total Capital is -0.75. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.28 points at the first support level, and at 5.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.48, and for the 2nd resistance point, it is at 5.61.
Ratios To Look Out For
It’s worth pointing out that Rumble Inc [NASDAQ:RUM]’s Current Ratio is 4.56. Also, the Quick Ratio is 4.56, while the Cash Ratio stands at 3.81. Considering the valuation of this stock, the price to sales ratio is 19.32, the price to book ratio is 7.88.
Transactions by insiders
Recent insider trading involved Arsov Robert, Director, that happened on Sep 06 ’24 when 27500.0 shares were sold. Director, Arsov Robert completed a deal on Sep 05 ’24 to sell 27500.0 shares. Meanwhile, Director Arsov Robert sold 27500.0 shares on Sep 03 ’24.
