Rumble Inc (NASDAQ: RUM) has seen a rise in its stock price by 1.88 in relation to its previous close of 10.96. However, the company has experienced a -16.86% decline in its stock price over the last five trading sessions. fool.com reported 2025-01-11 that Rumble (RUM -5.92%) stock recorded explosive gains across 2024. The video-streaming company’s share price rocketed 189.8% higher in last year’s trading, according to data from S&P Global Market Intelligence.
Is It Worth Investing in Rumble Inc (NASDAQ: RUM) Right Now?
Moreover, the 36-month beta value for RUM is 0.55. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for RUM is 74.09M and currently, short sellers hold a 14.84% of that float. On January 13, 2025, RUM’s average trading volume was 6.63M shares.
RUM’s Market Performance
RUM stock saw an increase of -16.86% in the past week, with a monthly gain of 37.00% and a quarterly increase of 111.07%. The volatility ratio for the week is 9.55%, and the volatility levels for the last 30 days are 13.53% for Rumble Inc (RUM). The simple moving average for the last 20 days is -1.10% for RUM stock, with a simple moving average of 66.51% for the last 200 days.
Analysts’ Opinion of RUM
Many brokerage firms have already submitted their reports for RUM stocks, with Wedbush repeating the rating for RUM by listing it as a “Neutral.” The predicted price for RUM in the upcoming period, according to Wedbush is $8 based on the research report published on July 17, 2024 of the previous year 2024.
RUM Trading at 31.58% from the 50-Day Moving Average
After a stumble in the market that brought RUM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.83% of loss for the given period.
Volatility was left at 13.53%, however, over the last 30 days, the volatility rate increased by 9.55%, as shares surge +40.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +77.44% upper at present.
During the last 5 trading sessions, RUM fell by -14.78%, which changed the moving average for the period of 200-days by +32.93% in comparison to the 20-day moving average, which settled at $11.30. In addition, Rumble Inc saw -14.18% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RUM starting from Arsov Robert, who sale 29,988 shares at the price of $6.90 back on Dec 02 ’24. After this action, Arsov Robert now owns 12,487,349 shares of Rumble Inc, valued at $206,942 using the latest closing price.
Arsov Robert, the Director of Rumble Inc, sale 30,000 shares at $5.93 during a trade that took place back on Nov 06 ’24, which means that Arsov Robert is holding 12,517,337 shares at $178,025 based on the most recent closing price.
Stock Fundamentals for RUM
Current profitability levels for the company are sitting at:
- -1.68 for the present operating margin
- -0.7 for the gross margin
The net margin for Rumble Inc stands at -1.53. The total capital return value is set at -0.81. Equity return is now at value -59.32, with -47.72 for asset returns.
Currently, EBITDA for the company is -131.47 million with net debt to EBITDA at 0.98. When we switch over and look at the enterprise to sales, we see a ratio of 70.54. The receivables turnover for the company is 7.58for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.94.
Conclusion
To wrap up, the performance of Rumble Inc (RUM) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
