A share price of Rumble Inc [RUM] is currently trading at $12.25, up 12.59%. An important factor to consider is whether the stock is rising or falling in short-term value. The RUM shares have gain 5.15% over the last week, with a monthly amount glided 47.59%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Rumble Inc [NASDAQ: RUM] stock has seen the most recent analyst activity on January 15, 2025, when Maxim Group initiated its Buy rating and assigned the stock a price target of $20. Previously, Wedbush started tracking the stock with Neutral rating on July 17, 2024, and set its price target to $8. On December 02, 2022, Oppenheimer initiated with a Perform rating.
Rumble Inc experienced fluctuations in its stock price throughout the past year between $3.37 and $17.40. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Rumble Inc [NASDAQ: RUM] shares were valued at $12.25 at the most recent close of the market. An investor can expect a potential return of 22.45% based on the average RUM price forecast.
Analyzing the RUM fundamentals
Trailing Twelve Months sales for Rumble Inc [NASDAQ:RUM] were 85.65M which represents 39.34% growth. Gross Profit Margin for this corporation currently stands at -0.7% with Operating Profit Margin at -1.68%, Pretax Profit Margin comes in at -1.57%, and Net Profit Margin reading is -1.53%. To continue investigating profitability, this company’s Return on Assets is posted at -0.6, Equity is -0.64 and Total Capital is -0.81. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 11.17 points at the first support level, and at 10.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.97, and for the 2nd resistance point, it is at 13.68.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Rumble Inc [NASDAQ:RUM] is 3.94. On the other hand, the Quick Ratio is 3.94, and the Cash Ratio is 3.24. Considering the valuation of this stock, the price to sales ratio is 79.37, the price to book ratio is 20.91.
Transactions by insiders
Recent insider trading involved Arsov Robert, Director, that happened on Dec 02 ’24 when 29988.0 shares were sold. Director, Arsov Robert completed a deal on Nov 06 ’24 to sell 30000.0 shares. Meanwhile, Director Arsov Robert sold 30000.0 shares on Nov 05 ’24.
