Rumble Inc Stock Today

RUM Stock  USD 5.08  0.51  9.12%   

Performance

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Odds Of Distress

Over 53

 
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Rumble is selling at 5.08 as of the 8th of September 2024; that is 9.12% down since the beginning of the trading day. The stock's lowest day price was 5.07. Rumble has 53 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Rumble Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of August 2024 and ending today, the 8th of September 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
14th of April 2021
Category
Technology
Classification
Communication Services
The company operates rumble.com, a platform that enables video creators to host, livestream, manage, distribute, and create OTT feeds, as well as monetize their content. The company was founded in 2013 and is based in Longboat Key, Florida. Rumble is traded on NASDAQ Exchange in the United States.. The company has 118.08 M outstanding shares of which 13.61 M shares are at this time shorted by investors with about 6.43 days to cover. More on Rumble Inc

Moving together with Rumble Stock

  0.69AZ A2Z Smart TechnologiesPairCorr

Moving against Rumble Stock

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  0.31DMAN Innovativ Media GroupPairCorr

Rumble Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President LocalsAssaf Lev
Thematic Ideas
(View all Themes)
Business ConcentrationInteractive Media & Services, Software - Application, Communication Services, Data Storage, Software, Communication Services, Interactive Media & Services, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Rumble can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rumble's financial leverage. It provides some insight into what part of Rumble's total assets is financed by creditors.
Liquidity
Rumble Inc has 2.61 M in debt with debt to equity (D/E) ratio of 0.0, which may show that the company is not taking advantage of profits from borrowing. Rumble Inc has a current ratio of 26.35, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Rumble to invest in growth at high rates of return.

Change In Working Capital

9.6 Million
Rumble Inc (RUM) is traded on NASDAQ Exchange in USA. It is located in 444 Gulf of Mexico Drive, Longboat Key, FL, United States, 34228 and employs 158 people. Rumble is listed under Interactive Media & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.44 B. Rumble Inc runs under Interactive Media & Services sector within Communication Services industry. The entity has 118.08 M outstanding shares of which 13.61 M shares are at this time shorted by investors with about 6.43 days to cover. Rumble Inc has about 356.68 M in cash with (92.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.93.
Check Rumble Probability Of Bankruptcy
Ownership Allocation
Rumble owns a total of 118.08 Million outstanding shares. Rumble has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Rumble Ownership Details

Rumble Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-03-31
220.5 K
Northern Trust Corp2024-06-30
183.7 K
Cambridge Invest Research Advisors, Inc.2024-06-30
175.9 K
Advisor Group Holdings, Inc.2024-03-31
129.3 K
Lpl Financial Corp2024-03-31
119 K
Swiss National Bank2024-06-30
114.7 K
Highpoint Advisor Group Llc2024-03-31
111.2 K
Royal Bank Of Canada2024-06-30
109.9 K
Janney Montgomery Scott Llc2024-06-30
98.8 K
Vanguard Group Inc2024-06-30
7.7 M
Blackrock Inc2024-06-30
1.6 M
View Rumble Diagnostics

Rumble Historical Income Statement

At this time, Rumble's Research Development is very stable compared to the past year. As of the 8th of September 2024, Cost Of Revenue is likely to grow to about 158.6 M, while Interest Expense is likely to drop about 1.2 M. View More Fundamentals

Rumble Stock Against Markets

Rumble Corporate Management

Additional Information and Resources on Investing in Rumble Stock

When determining whether Rumble Inc is a strong investment it is important to analyze Rumble's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rumble's future performance. For an informed investment choice regarding Rumble Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rumble Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rumble. If investors know Rumble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.64)
Revenue Per Share
0.388
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.31)
Return On Equity
(0.52)
The market value of Rumble Inc is measured differently than its book value, which is the value of Rumble that is recorded on the company's balance sheet. Investors also form their own opinion of Rumble's value that differs from its market value or its book value, called intrinsic value, which is Rumble's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rumble's market value can be influenced by many factors that don't directly affect Rumble's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rumble's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.