The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $8.88 in the prior trading day, Bumble Inc (NASDAQ: BMBL) closed at $8.68, down -2.25%. In other words, the price has decreased by -$2.25 from its previous closing price. On the day, 1.77 million shares were traded. BMBL stock price reached its highest trading level at $9.015 during the session, while it also had its lowest trading level at $8.65.
Ratios:
Our goal is to gain a better understanding of BMBL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.11. For the most recent quarter (mrq), Quick Ratio is recorded 2.09 and its Current Ratio is at 2.09. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.73.
On August 16, 2024, TD Cowen Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $22 to $7.50.
Susquehanna Downgraded its Positive to Neutral on August 09, 2024, whereas the target price for the stock was revised from $14 to $6.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 04 ’24 when Hsiao Sissie L. sold 2,707 shares for $6.76 per share. The transaction valued at 18,293 led to the insider holds 40,571 shares of the business.
Hsiao Sissie L. bought 2,707 shares of BMBL for $18,293 on Oct 04 ’24. On Jun 07 ’24, another insider, MATHER ANN, who serves as the Director of the company, sold 7,492 shares for $11.41 each. As a result, the insider received 85,506 and left with 29,030 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 1357786496 and an Enterprise Value of 1833167872. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 1.692 whereas that against EBITDA is 9.618.
Stock Price History:
Over the past 52 weeks, BMBL has reached a high of $15.90, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is 17.28%, while the 200-Day Moving Average is calculated to be -4.94%.
Shares Statistics:
The stock has traded on average 2.58M shares per day over the past 3-months and 1781200 shares per day over the last 10 days, according to various share statistics. A total of 112.56M shares are outstanding, with a floating share count of 78.50M. Shares short for BMBL as of 1731628800 were 10388604 with a Short Ratio of 4.03, compared to 1728950400 on 16020230. Therefore, it implies a Short% of Shares Outstanding of 10388604 and a Short% of Float of 13.450000000000001.
