A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 60.84% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 1.06%. Over the past 30 days, the price of RUM has fallen by 23.01%. And in the last five days, it has fallen by -1.34%.
The stock of Rumble Inc. (RUM) is currently priced at $9.57. In the last session, the stock climbed significantly, topping out at $10.13 after opening at $10.05. The day’s lowest price was $9.86 before the stock closed at $9.92.
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Rumble Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $17.23 on 09/19/22, while the lowest value for the same period was recorded at $5.81 on 12/30/22.
52-week price history of RUM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Rumble Inc.’s current trading price is -44.46% away from its 52-week high, while its distance from the 52-week low is 64.72%. The stock’s price range during this period has varied between$5.81 and $17.23. The Rumble Inc.’s shares, which operate in the Technology, saw a trading volume of around 0.77 million for the day, a figure considerably lower than their average daily volume of 1.57 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Rumble Inc. (RUM) has experienced a quarterly rise of 14.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.82B and boasts a workforce of 70 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.14, with a change in price of +3.31. Similarly, Rumble Inc. recorded 1,342,019 in trading volume during the last 100 days, posting a change of +52.73%.
RUM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RUM stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
RUM Stock Stochastic Average
Rumble Inc.’s raw stochastic average for the past 50 days is presently 74.17%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 71.73%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 83.40% and 89.18%, respectively.