Rumble Inc [NASDAQ: RUM] closed the trading session at $5.68.
The stocks have a year to date performance of 26.50 percent and weekly performance of -16.84 percent. The stock has been moved at -22.30 percent over the last six months. The stock has performed 1.25 percent around the most recent 30 days and changed -9.70 percent over the most recent 3-months.
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
If compared to the average trading volume of 1.86M shares, RUM reached to a volume of 6726309 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Rumble Inc [RUM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RUM shares is $8.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RUM stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wedbush have made an estimate for Rumble Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 17, 2024. While these analysts kept the previous recommendation, Oppenheimer raised their target price to Perform. The new note on the price target was released on December 02, 2022, representing the official price target for Rumble Inc stock.
The Average True Range (ATR) for Rumble Inc is set at 0.51, with the Price to Sales ratio for RUM stock in the period of the last 12 months amounting to 25.83. The Price to Book ratio for the last quarter was 9.70, with the Price to Cash per share for the same quarter was set at 0.34.
RUM stock trade performance evaluation
Rumble Inc [RUM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.84. With this latest performance, RUM shares gained by 1.25% in over the last four-week period, additionally sinking by -22.30% over the last 6 months – not to mention a rise of 12.25% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RUM stock in for the last two-week period is set at 47.02, with the RSI for the last a single of trading hit 44.42, and the three-weeks RSI is set at 48.30 for Rumble Inc [RUM]. The present Moving Average for the last 50 days of trading for this stock 5.65, while it was recorded at 5.78 for the last single week of trading, and 6.32 for the last 200 days.
Rumble Inc [RUM]: An insightful look at the core fundamentals
Rumble Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.94 and a Current Ratio set at 3.94.
Rumble Inc [RUM]: Institutional Ownership
There are presently around $22.86%, or 30.76%% of RUM stock, in the hands of institutional investors. The top three institutional holders of RUM stocks are: AUSTIN PRIVATE WEALTH, LLC with ownership of 34.0 million shares, which is approximately 16.8397%. CANTOR FITZGERALD, L. P., holding 9.33 million shares of the stock with an approximate value of $$44.01 million in RUM stocks shares; and CANTOR FITZGERALD, L. P., currently with $$42.85 million in RUM stock with ownership which is approximately 3.8236%.
