(RUM) Rumble - Ratings and Ratios

Rumble Inc. (NASDAQ:RUM) is a video-sharing platform operator with a global presence, serving users in the United States, Canada, and internationally. Its core platform, rumble.com, offers free-to-use video sharing and livestreaming services, enabling users to subscribe to channels for updates from creators and access both live and on-demand content. The company also operates locals.com, a platform where users can consume free content and purchase subscriptions to support creators and gain access to exclusive content within creator communities. Additionally, Rumble Inc. manages the Rumble Streaming Marketplace, a patent-pending application designed to facilitate livestreaming and monetization services for creators, and the Rumble Advertising Center (RAC), an in-house advertising marketplace and network. Founded in 2013, the company is headquartered in Longboat Key, Florida.

From a technical standpoint, RUM has shown a bullish trend with its 20-day SMA ($7.59) below the last price ($8.11), indicating upward momentum. The stocks 50-day SMA ($8.30) and 200-day SMA ($7.82) suggest potential resistance levels. The Average True Range (ATR) of $0.57 reflects moderate volatility. On the fundamental side, Rumble Inc. has a market cap of $2.789 billion, with a price-to-book ratio of 7.92 and a price-to-sales ratio of 29.21, indicating a premium valuation. The return on equity (RoE) stands at 214.60, highlighting strong profitability. However, the lack of P/E and forward P/E data limits valuation insights.

3-Month Forecast:

Based on the technical and fundamental data, RUM is expected to maintain its bullish momentum in the near term, with potential resistance at $8.30 (50-day SMA) and $7.82 (200-day SMA). The stock may face selling pressure near these levels. Support is likely at $7.59 (20-day SMA). The high P/B and P/S ratios suggest elevated valuations, which could lead to profit-taking. However, the strong RoE and revenue growth may continue to support the stock price. Volatility is expected to remain moderate, with an ATR of $0.57.