The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 80.51%.However, over the last six months, we can see a weaker performance of 45.51%. Over the last 30 days, the price of RUM has fallen by 44.47%. And in the last five days, it has fallen by -0.55%.
Rumble Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $9.20 on 03/13/24 and a low of $3.33 for the same time frame on 01/12/24.
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 -11.90% away from its 52-week high, while its distance from the 52-week low is 143.39%. The stock’s price range during this period has varied between$3.33 and $9.20. The Rumble Inc’s shares, which operate in the Technology, saw a trading volume of around 1.64 million for the day, a figure considerably lower than their average daily volume of 2.94 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Rumble Inc (RUM) has experienced a quarterly rise of 53.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.16B and boasts a workforce of 158 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 6.07, with a change in price of +1.30. Similarly, Rumble Inc recorded 2,229,192 in trading volume during the last 100 days, posting a change of +19.26%.
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 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
RUM Stock Stochastic Average
As of today, Rumble Inc’s raw stochastic average for the last 50 days stands at 76.58%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 75.70%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 84.26% and 84.11%, respectively.
