With 2.49 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.61 million shares. The 52-week range on RUM shows that it touched its highest point at $17.40 and its lowest point at $4.92 during that stretch. It currently has a 1-year price target of $16.50. Beta for the stock currently stands at 0.61.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RUM was down-trending over the past week, with a drop of -10.09%, but this was down by -36.18% over a month. Three-month performance surged to 17.86% while six-month performance rose 50.99%. The stock gained 19.03% in the past year, while it has lost -35.59% so far this year. A look at the trailing 12-month EPS for RUM yields -0.64 with Next year EPS estimates of -0.29. For the next quarter, that number is -0.12. This implies an EPS growth rate of -6.90% for this year and 53.23% for next year.
Float and Shares Shorts:
At present, 503.39 million RUM shares are outstanding with a float of 187.82 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RUM since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.60032 being high and -$0.62984 being low. For RUM, this leads to a yearly average estimate of -$0.62. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
