Rumble Inc (NASDAQ: RUM): Can A Stock That’s Up 45.43% YTD Still Be Considered In Loss Territory?

During the last session, Rumble Inc (NASDAQ:RUM)’s traded shares were 0.77 million, with the beta value of the company hitting 0.91. At the end of the trading day, the stock’s price was $6.53, reflecting an intraday loss of -0.15% or -$0.01. The 52-week high for the RUM share is $11.25, that puts it down -72.28 from that peak though still a striking 49.0% gain since the share price plummeted to a 52-week low of $3.33. The company’s market capitalization is $1.83B, and the average trade volume was 4.34 million shares over the past three months.

Rumble Inc (NASDAQ:RUM) trade information

Rumble Inc (RUM) registered a -0.15% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.15% in intraday trading to $6.53, hitting a weekly high. The stock’s 5-day price performance is 4.82%, and it has moved by -23.18% in 30 days. Based on these gigs, the overall price performance for the year is -19.53%.

Rumble Inc (RUM) estimates and forecasts

Statistics show that Rumble Inc has underperformed its competitors in share price, compared to the industry in which it operates. Rumble Inc (RUM) shares have gone up 30.60% during the last six months, with a year-to-date growth rate less than the industry average at -10.34% against 18.90. In the rating firms’ projections, revenue will increase 26.80% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 18.27M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 25.65M by the end of current fiscal year.

While earnings are projected to return -10.34% in 2024.

RUM Dividends

Rumble Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Rumble Inc (NASDAQ:RUM)’s Major holders