Rumble Inc (NASDAQ:RUM) shares, rose in value, with the stock price down by -1.58% to the previous day’s close as strong demand from buyers drove the stock to $8.71.
Actively observing the price movement in the recent trading, the stock is buoying the session at $8.85, falling within a range of $8.61 and $8.98. The value of beta (5-year monthly) is 0.755. Referring to stock’s 52-week performance, its high was $17.40, and the low was $4.92. On the whole, RUM has fluctuated by -9.93% over the past month.
With the market capitalization of Rumble Inc currently standing at about $3.78 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-08.
The stock’s technical analysis shows that the price of RUM currently trading nearly -3.49% and 0.89% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.71, while the 7-day volatility ratio is showing 3.22% which for the 30-day chart, stands at 2.58%. Furthermore, Rumble Inc (RUM)’s beta value is 0.75, and its average true range (ATR) is 0.50.
A comparison of Rumble Inc (RUM) with its peers suggests the former has fared considerably weaker in the market. RUM showed an intraday change of -1.58% in today’s session so far, and over the past year, it grew by 53.35%%.
Data on historical trading for Rumble Inc (NASDAQ:RUM) indicates that the trading volumes over the past 10 days have averaged 2.5 and over the past 3 months, they’ve averaged 2.31 million. According to company’s latest data on outstanding shares, there are 214.82 million shares outstanding.
Nearly 60.28% of Rumble Inc’s shares belong to company insiders and institutional investors own 10.80% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 14.22 million shares as on 2025-05-30, resulting in a short ratio of 7.16. The stock has fallen by -33.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RUM stock heading into the next quarter.
