The stock of Rumble Inc (RUM) has seen a 2.77% increase in the past week, with a 4.43% gain in the past month, and a 121.74% flourish in the past quarter. The volatility ratio for the week is 6.86%, and the volatility levels for the past 30 days are at 9.47% for RUM. The simple moving average for the past 20 days is 5.42% for RUM’s stock, with a 81.95% simple moving average for the past 200 days.
Is It Worth Investing in Rumble Inc (NASDAQ: RUM) Right Now?
The stock has a 36-month beta value of 0.51. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for RUM is 239.31M, and at present, short sellers hold a 4.62% of that float. On February 04, 2025, the average trading volume of RUM was 7.03M shares.
RUM) stock’s latest price update
The stock of Rumble Inc (NASDAQ: RUM) has increased by 6.06 when compared to last closing price of 12.21.Despite this, the company has seen a gain of 2.77% in its stock price over the last five trading days. globenewswire.com reported 2025-01-31 that VANCOUVER, British Columbia, Jan. 31, 2025 (GLOBE NEWSWIRE) — Refined Energy Corp. (CSE: RUU | OTC: RFMCF | FRA: CWA0) (“Refined” or the “Company”) is pleased to announce, further to its news release on November 1, 2024, that it has extended the term of its engagement of Rumble Strip Media Inc. (“Rumble Strip”) (email: info@rumblestrip.ca; address: Unit 893, 250-997 Seymour Street, Vancouver, British Columbia) for the provision of marketing services for an anticipated period of 90 days commencing on or about February 7, 2025, provided that the term of the marketing services may be extended or shortened at the discretion of management depending on, amongst other things, the efficiency of the marketing services.
Analysts’ Opinion of RUM
Many brokerage firms have already submitted their reports for RUM stocks, with Maxim Group repeating the rating for RUM by listing it as a “Buy.” The predicted price for RUM in the upcoming period, according to Maxim Group is $20 based on the research report published on January 15, 2025 of the current year 2025.
Wedbush, on the other hand, stated in their research note that they expect to see RUM reach a price target of $8. The rating they have provided for RUM stocks is “Neutral” according to the report published on July 17th, 2024.
RUM Trading at 24.68% 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 -25.58% of loss for the given period.
Volatility was left at 9.47%, however, over the last 30 days, the volatility rate increased by 6.86%, as shares sank -3.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +127.29% upper at present.
During the last 5 trading sessions, RUM rose by +2.46%, which changed the moving average for the period of 200-days by +109.24% in comparison to the 20-day moving average, which settled at $12.28. In addition, Rumble Inc saw -0.46% 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.
Based on Rumble Inc (RUM), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -42.23.
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 41.43. 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 sum up, Rumble Inc (RUM) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
