Rumble Stock Bearish By 9% As Session Comes To An End On Wednesday

(VIANEWS) – Shares of Rumble (NASDAQ: RUM) fell 9.17% to $8.12 at 15:40 EST on Wednesday, after two successive sessions in a row of losses. NASDAQ is jumping 0.36% to $11,842.01, after two successive sessions in a row of losses. This seems, at the moment, a somewhat positive trend trading session today.

Rumble’s last close was $8.94, 48.11% under its 52-week high of $17.23.

About Rumble

Rumble Inc. operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators. It also operates locals.com, a subscription platform for creators and subscribers to engage through VOD, podcasts, live chat, polls, and community discussions; and Rumble Advertising Center (RAC), an online advertising management exchange. The company was founded in 2013 and is headquartered in Longboat Key, Florida.

Earnings Per Share

As for profitability, Rumble has a trailing twelve months EPS of $-0.05.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -5.9%.

Moving Average

Rumble’s value is way below its 50-day moving average of $9.05 and way below its 200-day moving average of $9.83.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Rumble’s stock is considered to be oversold (<=20).

Yearly Top and Bottom Value

Rumble’s stock is valued at $8.12 at 15:40 EST, way below its 52-week high of $17.23 and way above its 52-week low of $5.81.

Volatility

Rumble’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.94%, a positive 0.14%, and a positive 3.40%.

Rumble’s highest amplitude of average volatility was 4.36% (last week), 3.08% (last month), and 3.40% (last quarter).

More news about Rumble (RUM).

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