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As of close of business last night, Bumble Inc’s stock clocked out at $8.82, down -2.43% from its previous closing price of $9.04. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 2.11 million shares were traded. BMBL stock price reached its highest trading level at $9.01 during the session, while it also had its lowest trading level at $8.7.
Ratios:
To gain a deeper understanding of BMBL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.95. For the most recent quarter (mrq), Quick Ratio is recorded 1.96 and its Current Ratio is at 1.96. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.39.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wolfe Research on July 16, 2024, initiated with a Outperform rating and assigned the stock a target price of $14.
On July 15, 2024, Citigroup reiterated its Buy rating and also upped its target price recommendation from $14 to $12.
Wells Fargo Downgraded its Overweight to Equal Weight on July 08, 2024, whereas the target price for the stock was revised from $15 to $10.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 07 ’24 when MATHER ANN sold 7,492 shares for $11.41 per share. The transaction valued at 85,506 led to the insider holds 29,030 shares of the business.
Hsiao Sissie L. sold 5,496 shares of BMBL for $62,717 on Jun 07 ’24. The Director now owns 43,278 shares after completing the transaction at $11.41 per share. On Mar 03 ’24, another insider, BTOA – NQ L.L.C., who serves as the 10% Owner of the company, sold 2,509,316 shares for $11.10 each. As a result, the insider received 27,845,378 and left with 12,802 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BMBL now has a Market Capitalization of 1538587264 and an Enterprise Value of 2142678656. As of this moment, Bumble’s Price-to-Earnings (P/E) ratio for their current fiscal year is 79.10, and their Forward P/E ratio for the next fiscal year is 8.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 1.99 whereas that against EBITDA is 16.097.
Stock Price History:
Over the past 52 weeks, BMBL has reached a high of $20.42, while it has fallen to a 52-week low of $8.99. The 50-Day Moving Average of the stock is -17.80%, while the 200-Day Moving Average is calculated to be -28.90%.
Shares Statistics:
It appears that BMBL traded 2.88M shares on average per day over the past three months and 3530910 shares per day over the past ten days. A total of 130.69M shares are outstanding, with a floating share count of 88.52M. Insiders hold about 29.85% of the company’s shares, while institutions hold 70.54% stake in the company. Shares short for BMBL as of 1719532800 were 12427525 with a Short Ratio of 4.32, compared to 1717113600 on 11596206. Therefore, it implies a Short% of Shares Outstanding of 12427525 and a Short% of Float of 13.05.
