Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Rumble Inc’s current trading price is -36.41% away from its 52-week high, while its distance from the 52-week low is 75.68%. The stock’s price range over this period has fluctuated between $3.33 and $9.20. The company, operating within the financial sector, had a trading volume of approximately 3.69 million for the day, which was noticeably higher than the average daily share volume of 1.04 million over the last 3 months.
In terms of market performance, Rumble Inc had a fairly even. The highest value for the stock in the past year was $9.20 on 03/13/24, and the lowest value was recorded at $3.33 on 01/12/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Rumble Inc (RUM) has experienced a quarterly decline of -8.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.66B and boasts a workforce of 158 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.80, with a change in price of -0.64. Similarly, Rumble Inc recorded 1,322,902 in trading volume during the last 100 days, posting a change of -9.86%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for RUM stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
RUM Stock Stochastic Average
Today, Rumble Inc’s raw stochastic average for the past 50 days stands at 56.71%, indicating a rise from the raw stochastic average of the last 20 days, which was 51.70%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 44.41% and 44.41% respectively.
RUM Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded an increase of 30.29%. However, over the last six months, the performance has been stronger by -9.02%. The price of RUM increased 15.84% over the last 30 days. And in the last five days, it has fallen by -1.85%.
