Rumble Inc [RUM] stock prices are down -2.28% to $11.12 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RUM shares have gain 3.06% over the last week, with a monthly amount drifted -13.46%, and not 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.
The stock price of Rumble Inc [RUM] has been fluctuating between $4.92 and $17.40 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 $11.12 at the most recent close of the market. An investor can expect a potential return of 34.89% based on the average RUM price forecast.
Analyzing the RUM fundamentals
The Rumble Inc [NASDAQ:RUM] reported sales of 85.65M for trailing twelve months, representing a surge of 39.34%. 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 10.72 points at the first support level, and at 10.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.38, and for the 2nd resistance point, it is at 11.65.
Ratios To Look Out For
It’s worth pointing out that Rumble Inc [NASDAQ:RUM]’s Current Ratio is 3.94. As well, the Quick Ratio is 3.94, while the Cash Ratio is 3.24. Considering the valuation of this stock, the price to sales ratio is 79.09, the price to book ratio is 18.99.
Transactions by insiders
Recent insider trading involved Pavlovski Christopher, Chief Executive Officer, that happened on Feb 07 ’25 when 9.64 million shares were sold. Chief Executive Officer, Pavlovski Christopher completed a deal on Feb 07 ’25 to sell 0.35 million shares. Meanwhile, Director Milnes Ryan sold 24.98 million shares on Feb 07 ’25.
